Disgruntled emloyees may target their former employers, and Cisco warned that insiders "can be especially damaging for an organization because insiders know security weaknesses." A former IT analyst at the Federal Reserve Bank of New York was arrested in April along with his brother on suspicions of taking out loans using false identities. FBI-investigators found a flash drive attached to the bank employee's computer with applications worth 73,000 dollars in loans under the names of stolen identities, the report said.
Cisco warned companies which use short-term IT consultants or who contract out the tasks to "be particularly vigilant about the level and term of their access to sensitive data." The report included snippets of a conversation with a botmaster, or someone who remotely takes over computers without users' knowledge and often sells the resulting access to spammers. The hacker declined to say how much he earned by phishing bank accounts.
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