On May 5, 2006, at 12:00 AM, RECMGMT-L automatic digest system wrote:

> From:    Rich Wilson <[log in to unmask]>
> Subject: Re: Toughening up Identity Theft legislation
>

> Below is an interesting series of articles which will put an
> interesting spin on this topic
>
> SSL Trojans: The next Great Bank Heist
>
> "Cyber criminals have unleashed a new breed of Trojans that could
> undermine confidence in online commerce. Can they be stopped?"
>
> http://www.infoworld.com/reports/18SRsslmalware.html

Early in my career I worked selling bank security equipment and then 
for a large bank as an in-house security and facility design planner.  
during that time, a large bank in California had a criminal obtain its 
security codes for wire transfer.  He was able to enter the wire 
transfer department and able to wire out of the bank $10 million 
dollars.  He wired it to a bank in Switzerland to deposit into a 
numbered account he set up.  He flew to Switzerland, withdrew the money 
and immediately went to the Diamond market and purchased $10 million in 
stones and flew back to the states.  For some reason the bank did not 
discover this missing money right away.

The criminal was caught because he he couldn't stand that no big 
headlines came out so he had to tell someone and he told his lawyer 
because he thought it was lawyer client privilege.  His lawyer talked 
with the bank, set up a reward and then turned him in.  They recovered 
the diamonds.

If a SSL Trojan can get control of the wire transfer capability they 
could drain the bank.  The effect of all these things is to increase 
the cost of banking.  I think our society's infatuation with speed and 
convenience is going to have to change. Somewhere in transactions, a 
moment must be taken to insure that the transaction is genuine.

In another Listserv they are beginning a discussion on the proper 
procedures for a destruction certificate on computer tapes.  Just 
listing a barcode or identifier does not uniquely identify each 
document, record or information asset destroyed.  If we cannot document 
each item destroyed there really is no proof that an item was or was 
not destroyed.  So here is yet another area where questions can be 
raised with management?  Before we destroy a tape or CD, what are we 
really destroying?

Alas Bruce, no eatery of any distinction exists in Kutztown except for 
during the Kutztown German Folk Lore Festival. For 9 glorious day it is 
all you can eat old time German ( Pennsylvania Dutch) farm type food.
Home made, hand churned ice cream and funnel cake. An Ox Roast.  
Everyone in town is in costume dressed in small town and farm attire 
for the mid 1800's. Home made quilts so fine that last year's prize 
winner went for $15,000. All the furniture and crafts and art of the 
1800's period.  In fact, everything is so old fashioned that if you 
added in one of those giant satellite TV Dishes, next to a run down 
shed and a rusty car up on blocks you would swear you were in College 
Station.  (Snuck right up on you, didn't I Bruce? )

Hugh Smith
FIRELOCK Fireproof Modular Vaults
[log in to unmask]
(610)  756-4440    Fax (610)  756-4134
WWW.FIRELOCK.COM

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