Feeds

Electronic forgery menaces humanity

Bite you in the rear

  • alert
  • submit to reddit

Security for virtualized datacentres

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

Secure remote control for conventional and virtual desktops

More from The Register

next story
NASTY SSL 3.0 vuln to be revealed soon – sources (Update: It's POODLE)
So nasty no one's even whispering until patch is out
Russian hackers exploit 'Sandworm' bug 'to spy on NATO, EU PCs'
Fix imminent from Microsoft for Vista, Server 2008, other stuff
Forget passwords, let's use SELFIES, says Obama's cyber tsar
Michael Daniel wants to kill passwords dead
FBI boss: We don't want a backdoor, we want the front door to phones
Claims it's what the Founding Fathers would have wanted – catching killers and pedos
Kill off SSL 3.0 NOW: HTTPS savaged by vicious POODLE
Pull it out ASAP, it is SWISS CHEESE
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
Admins! Never mind POODLE, there're NEW OpenSSL bugs to splat
Four new patches for open-source crypto libraries
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
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.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
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?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.