Feeds

HP's newest board member a pretexting veteran

Been there, seen that

The Essential Guide to IT Transformation

HP's freshest board member Ken Thompson won't need to take the company's Pretexting 101 course offering. As Wachovia's CEO, Thompson has become well acquainted with the legal concerns surrounding phone record fraud.

Just months before the HP scandal materialized, Wachovia was found to be keeping curious company. The financial services firm stood out as the largest customer of Global Information Group, paying the Florida-based data broker and suspected pretexter $456,250.

It's not clear what Wachovia hired Global Information to do. Wachovia won't say. And, when a Global Information staffer was brought before Congress in June to testify about the practice of pretexting, she took the fifth.

We do know, however, that Florida's attorney general in February sued Global Information, accusing the firm of making fraudulent calls to Verizon to obtain customer telephone records. Verizon has also sued Global Information. (Verizon's vice chairman Larry Babbio is also on HP's board.)

Global Information shelled out $250,000 to settle its case with Florida - without admitting guilt - and agreed to stop pretexting.

Wachovia severed its ties to Global Information this year. It had been the data broker's largest customer, along with other big spenders like Wells Fargo and Citigroup.

You can be sure that Thompson kept an eye on the Global Information proceedings in both Florida and Congress. The company must have been taken aback when Global Information coughed up its customer list to the Feds.

But perhaps that's why HP tapped Thompson as its newest board member. Always good to have someone with experience in this kind of thing on the board. ®

Boost IT visibility and business value

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

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.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.