No end in sight to mobile phone and online fraud

Tuesday 16th March 2010, 2:30PM GMT.

Charles Brookson, left, and Richard Hollis issued clear security warnings at a recent event organised by the British Computer Society Guernsey branch and the GTA University Centre.                             (Picture by Adrian Miller, 0931557)

Charles Brookson, left, and Richard Hollis issued clear security warnings at a recent event organised by the British Computer Society Guernsey branch and the GTA University Centre. (Picture by Adrian Miller, 0931557)

ATTEMPTS at online and mobile phone fraud using varying methods will not stop, according to experts in the security field.

Four of them were in the island recently to speak at a British Computer Society Guernsey branch and GTA University Centre event and sent out a stark warning about the threats that still exist and that they look likely to increase in a technology-driven world.

Orthus chief executive Richard Hollis, an expert on information security risk management, said in many circumstances the threat of identity fraud was getting out of hand.

He used the example of where a database carrying the details of 10,000 people would change hands for £10,000 and be used for a bank account scam in which each of those accounts was charged a figure of around 89p, payable to X, Y or Z.

Because the charge to each account is so small, practically no one will challenge the charge with their bank. That could be repeated two or three times over a few months before the fraudster sells the database on for probably the same as they paid for it.

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