Locking down the IT continues to be a challenge

http://www.finextra.com/fullstory.asp?id=20672

According to Manhattan prosecutors, Adeniyi Adeyemi was employed as a computer technician contractor at the headquarters of the Bank of New York in 2001.

During his time there, he stole the personal identifying information of dozens of Bank of New York employees, mainly in the IT department, where he was assigned, say prosecutors.

Over the next few years, he is accused of using this information to open over 30 bank and brokerage accounts in their identities with firms including E*Trade, Fidelity, Citi, Wachovia, and Washington Mutual.

Regardless of the platform or the environment (physical/virtual), we still need to manage that delicate balance of security with the ability of the user to do their job. Managing the access that IT has whilst empowering them to do the restores, to manage the infrastructure is always going to be a challenge. How you do this in your business will depend on the nature of your business, we must not worry ourselves and live in the what if world, but we do need to follow due diligence, lock down what we can, accepting operational or technical risks as they are identified and resolved.

Category: News