Switched has a new home! Huffpost Tech.

Click here to visit the new home of Switched!

Hot on HuffPost Tech:

See More Stories
AOL Tech

Jobless Techies Will Turn to Crime: From IT to GTA?

by Ian Rowan on December 13, 2008 at 12:01 PM

Nick Heath from Silicon.com (over in the UK) is warning that another recession woe will lead to the inevitable rise of cyber crime.

It makes sense; the Internet Technology (IT) sector employs quite a few folks that know their way around security measures, they may have installed them in the first place. Some of these disgruntled, soon to be ex-employees are going to be a bit more prone to breaking the law. Those overseeing sensitive data caches, such as credit card information, bank accounts, or important corporate information, could theoretically walk out the door with pink slip and data in hand.

This is not the first time that this has happened. According to Neil Ysart, senior manager of forensic services at PricewaterhouseCoopers, "There was a range of very well-documented frauds that took place during the recession in the early 1990s and it does not take a great deal of insight to realize we will see an increase at a time like this."

So, not only do we have to be worried about our job now we have to be wary of the IT guy wiping out our entire bank account. Unless you are the IT guy, and in that case can we have a loan? [From: Silicon.com]

Tags: crime, economy, expire-images2009-12-12, it, jobs, tech

Comments

3

HuffPost AOL Social News Most Popular