September 15, 2004
Security - watch in and outside of your company
Remember security is not just about securing your business from outside threats. It's also about ensuring you hvae measures in place to protect your business from inside threats - such as employees who misuse or steal company information.
USA Today writes A former help-desk worker at a New York company that provides credit reports to banks and other lenders pleaded guilty Tuesday for his role in what federal prosecutors said was the largest identity theft case ever.
Philip Cummings, 35, pleaded guilty to conspiracy, wire fraud and fraud in connection with the scheme that victimized more than 30,000 people. He had been charged along with several others in November 2002. At the time, prosecutors said losses of more than $2.7 million were confirmed.
Under federal sentencing guidelines, Cummings could be sentenced to at least 14 years in prison and pay a fine up to $1 million. However, Cummings, who suffers from heart problems and hypertension, can seek seek a more lenient term due to his health. U.S. District Judge George Daniels set sentencing for Jan. 11.
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