Governor targets high-tech thieves

Published: 12 January 2001 y., Friday
For the California contingent attending the three-day Information Age Crime Summit at the Wyndham Hotel in San Jose this week, the news could not have been better: Gov. Gray Davis wants to earmark $85 million solely for high-tech-crime investigations. The money would be used to provide more detectives for identity-theft cases and more high-tech equipment, among other things. ``They loved it,'' said William Eyres, a security consultant and chairman of the Joint Council on Information Age Crime, sponsor of the summit that drew officers from nine countries. ``It is great news to them.'' The money would be especially helpful for agencies that have been frustrated by the huge amount of time and resources needed to solve identity-crime cases. Thieves steal credit-card numbers, Social Security numbers and other forms of identification that can be used to access bank accounts and commit financial crimes. Many victims don't even realize their Social Security or credit-card numbers have been swiped surreptitiously until years later, when their applications for credit are turned down or, even worse, when arrest warrants show up. As technology has improved, so has the sophistication of high-tech crimes. Kenneth Rosenblatt, special counsel to Santa Clara County District Attorney George Kennedy, said the days of a few employees pilfering computer chips is long gone. Now, thieves are more likely to grab large amounts of pricey inventory through violent invasions of the workplace or by hijacking transport trucks. High-tech crime prosecutors and investigators said millions of dollars are badly needed. In his budget proposal, Davis said such crimes cost the state more than $8 billion a year in lost revenue, wages and taxes. Credit industry figures show identity-theft complaints have grown nationally from 40,000 in 1992 to 750,000 in 1999.
Šaltinis: SiliconValley.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Broadband Service Speedier in Lithuania than in U.S.

South Korea leads the world in providing broadband services. The United States (No. 15) did not make the Top 10 and lag behind Lithuania (No. 14). more »

Gemalto Sets Up Payment Card Personalization Facility in Indonesia

Gemalto, the world leader in digital security, today announced that it will inaugurate its first personalization center in Indonesia before the end of the year. more »

Wincor Nixdorf wins first order from State Bank of India

State Bank of India (SBI), the country’s largest lender, has awarded Wincor Nixdorf and its local partner AGS Infotech an order for 1,000 ATMs. more »

Gemalto's Trusted Services Management Solution Certified by MasterCard

Gemalto today announced it has achieved MasterCard certification for its TSM (Trusted Services Management) offer. more »

SmartCards Expo 2009

International Conference and Exhibition of Smart Card Technology and Applications will show showcase the latest in Smart Cards, e-security, Biometrics, RFID, and e-payments products and solutions. more »

Gemalto acquires Trusted Logic, a leading provider of secure software platforms

Gemalto today announced that it has completed the acquisition of Trusted Logic from its founders and other shareholders. more »

Thales appointed mission system design authority for TALISMAN

Thales UK today announces the signing of a contract valued at around £25m with the UK Ministry of Defence (UK MoD) to undertake the role of Mission System Design Authority (MSDA) for the TALISMAN Urgent Operational Requirement (UOR) programme. more »

Nigeria's InterSwitch Selects Gemalto's Complete Strong Authentication Solution to Secure their e-Payment Services

Gemalto announced that InterSwitch is deploying its complete Ezio strong authentication solution to secure their e-payment services in Nigeria. more »

Directing traffic in cyberspace

Commission calls for international talks on managing internet traffic. more »

Tweeting to God in Israel

Israeli student Alon Nir is using the website as a way for people to communicate with the Almighty. He's preparing people's prayers, posted on Alon's twitter page, to take to Jerusalem's Western Wall. more »