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Bank clerk used colleagues passwords in $142 million fraud

The BBC have reported that former HSBC clerk, Jagmeet Channa, has been jailed for his part in a fraud in which he used colleagues' passwords to plunder $142 million from other accounts.

While it isn't clear how Channa obtained the passwords, the story nonetheless highlights the importance educating users about password security.

Our article Choosing Strong Passwords contains advice which will help businesses strenghten their password policies.


Published by Brett Callow (4,676 pts ) on Jul 10 2008, 04:11 PM to
Computer Security Blog

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