Feeds

Dodgy executives ‘four times more likely online’

The old ones are the worst, apparently

  • alert
  • submit to reddit

Security for virtualized datacentres

The dotcom world is run by a bunch of crooks, according to research from Kroll Associates, a corporate security company. The company found that Internet executives were four times as likely to have "unsavoury backgrounds" than executives from traditional companies.

The FT reports that over the last six months Kroll carried out 70 checks on online executives and board members, of which around 39 per cent had problems such as undisclosed bankruptcies, violations of Securities and Exchange Commission rules, and even links to organised crime.

Typically the company would expect to find a problem rate of about one in ten.

Ernie Brod, an executive MD at Kroll's New York office said that one of the most extreme cases involved the murder of two potential investors, who turned out to have links to penny stocks promotional scams and organised crime.

But the Martha Lane-Foxes of this world need not fear the finger of suspicion. Brod said that the problem lay not the younger management teams, but with the "grey beards" brought in to add stature to a company. He said that many dotcom management teams were too young to have "much of an unsavoury background - or any kind of background."

Concerned by the news, we at El Register are launching an immediate investigation into the credentials of our management team. None of them could be classed as spring chickens, and frankly we are quite worried about that Magee character. And as for that Thomas geezer, he actually owns a grey beard. ®

Related Story

Young blood pushing out Intel old blood

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.