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

Symantec Offers SMBs a Better Sense of Security

Firewalls, VPNs, intrusion detection are becoming as common in the business vernacular as balance sheets, P & L statements and chart of accounts more »

IBM To Bulk Up On-Demand Centers

IBM is set to make a major push in its drive to become the top provider of utility, or "on-demand," computing services more »

search.lt news

search.lt presents newest links more »

CeBIT'2004: Talking technology

Talkative future for every gadget more »

The accusation

Internet suppliers have to connect abroad in order to connect with Poland more »

Panasonic preps 1GB Secure Digital card

Panasonic announced on Friday that it plans to launch a 1GB Secure Digital card first in Japan in April more »

Who should govern the Net?

It's no longer merely an academic question more »

NEC shrinks music, grows phones

NEC has launched the e616, its latest feature-packed 3G handset at CeBIT more »

Sony doubles up with AIT-4

Sony has launched the fourth generation of its AIT (Advanced Intelligent Tape) format at CeBIT more »

ICANN surveys proposed Net domains

The Internet's real estate may soon be expanding, with the proposed addition of up to nine new top-level domains, including .jobs, .xxx, .travel and .mail more »