Feeds

Electronic forgery menaces humanity

Bite you in the rear

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

Electronic forgery is becoming a greater risk as more company information is stored electronically. But many organisations are ignoring the issue.

About 80 per cent of all company information is stored electronically, according to Fran Howarth, Security Practice Leader at Bloor Research, yet the most valuable and sensitive information is most often left unguarded. BT’s principal security consultant, Paul Hanley said: "The issues we have with electronic documents are they are very easy to open, to lend, modify and save. Electronic document forgery is one of the greatest emerging security threats which organisations will need to address."

Falsified corporate information such as financial press releases - as in the Emulex case in 2000 - or the possibility of forged bank statements grab most of the attention. But doctored expense claims and the like are also a potential problem, according to Hanley.

He made his comments during a recent debate on e-document forgery in London organised by Adobe. Figures on the financial impact of e-document forgery were thin on the ground but panelists agree the firms were giving insufficient attention to application or document management risks when formulating security policies. Firms are relying too much on firewalls and anti-virus software, according to Mark Wheeler, European group marketing manager at Adobe.

"A lot of investment has been around the movement of information and stopping people from actually penetrating the company’s ‘castle walls’. What we have been seeing is less investment in actually protecting the core assets, which is the actual documents, information and content that surrounds a business."

Professor Jim Norton, senior policy advisor at the Institute of Directors, reckons a lack of understanding of electronic document forgery and new terminology are confusing the issue.

“We now have old crime [fraud], but a wonderfully enhanced range of tools for carrying it out. It is actually the people part of this that comes to bite you in the rear. Technology can minimise the exposure to this people risk," he said. ®

Relaxed stories

Man arrested in Net hoax sting
Californian faces 100 years in jail and £10m fine for false press release
Adobe anti-counterfeiting code trips up kosher users
US man sued for Extreme share ramp scam

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Regin: The super-spyware the security industry has been silent about
NSA fingered as likely source of complex malware family
Why did it take antivirus giants YEARS to drill into super-scary Regin? Symantec responds...
FYI this isn't just going to target Windows, Linux and OS X fans
Privacy bods offer GOV SPY VICTIMS a FREE SPYWARE SNIFFER
Looks for gov malware that evades most antivirus
Patch NOW! Microsoft slings emergency bug fix at Windows admins
Vulnerability promotes lusers to domain overlords ... oops
HACKERS can DELETE SURVEILLANCE DVRS remotely – report
Hikvision devices wide open to hacking, claim securobods
'Regin': The 'New Stuxnet' spook-grade SOFTWARE WEAPON described
'A degree of technical competence rarely seen'
Astro-boffins start opening universe simulation data
Got a supercomputer? Want to simulate a universe? Here you go
You stupid BRICK! PCs running Avast AV can't handle Windows fixes
Fix issued, fingers pointed, forums in flames
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.