Feeds

Indian data theft 'exposed'

Britain gripped by fear of keyboard-wielding foreigners

5 things you didn’t know about cloud backup

A man in India offered to sell the front man of a Channel 4 sting operation the credit card details of 200,000 people, the programme Dispatches will reveal tonight.

The programme makers were inspired by a sting operation mounted on an Indian call centre last year by The Sun newspaper, in which a man allegedly sold the bank details of 1,000 British people to a journalist.

The Sun story helped stoke a backlash against outsourcing to India. The Sun was subsequently accused of duping its quarry and fabricating the story about fraud in India.

Dispatches will show that fraud and theft do indeed occur in India. It will demonstrate how doing business with India, like any other country, necessitates the exchange of information that can subsequently get into the wrong hands.

The Channel 4 programme also claims to have found a man willing to sell the mobile phone details of 8,000 British people, and another willing to sell bank account details.

There have been well publicised incidents of fraud involving Indians who had access to British bank accounts. But fraud is a bigger problem in UK institutions, a fact largely overlooked by the media. It is also more likely to occur in any other developed market we choose to do business with.

We have noted this before, but to recap briefly, take the example of the Indian man who was arrested in June for selling information from an HSBC call centre that was used to defraud £233,000 from customer accounts. In the same month, however, and Edinburgh Donald McKenzie was prosecuted for defrauding £21m from the Royal Bank of Scotland.

Incidents of reported fraud in the UK have tripled in since 2003, according to BDO Stoy Hayward. The British government is conducting a review of unreported fraud the UK, which is it describes as "chronic".

Accountants Ernst & Young found in a survey of Western corporate managers that almost two thirds expected to encounter more fraud in emerging markets than at home. Yet 75 per cent of fraud occurred in developed markets, the firm said. Forrester Research found in 2005 that the UK and US suffered more computer security breaches than India.

Such interest in Indian fraud in the face of such evidence warrants a reminder of the Conservative party's recent paper on India. It described euphemistically the "aversion" British people had to doing business with India. The British need to do business with India, it said, so they better learn to see the Indians as they are. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
One HUNDRED FAMOUS LADIES exposed NUDE online
Celebrity women victimised as Apple iCloud accounts reportedly popped
Rubbish WPS config sees WiFi router keys popped in seconds
Another day, another way in to your home router
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
NZ Justice Minister scalped as hacker leaks emails
Grab your popcorn: Subterfuge and slur disrupts election run up
HP: NORKS' cyber spying efforts actually a credible cyberthreat
'Sophisticated' spies, DIY tech and a TROLL ARMY – report
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
Attack flogged through shiny-clicky social media buttons
66,000 users popped by malicious Flash fudging add-on
New Snowden leak: How NSA shared 850-billion-plus metadata records
'Federated search' spaffed info all over Five Eyes chums
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.