‘Source Media’ Files Hacking Accusation on Hoffacker
A former executive of 'Source Media Inc.' was held for hacking into the company's computer system after three years of his dismissal, prosecutors said on November 15, 2006. He was also charged for toppling over employees whose jobs were at risk. When one employee reported to his boss about certain e-mail, the company realized there was an electronic intruder in their network. 'Source Media' is a publisher of 'American Banker', the 'Bond Buyer' and other financial publications in New York.
In 2004, a newspaper story quoted Hoffacker describing the dangers resulting from hacking operations and the need for secured passwords. Although Hoffacker admitted using the same password for several e-mail accounts, he knew it wasn't a safe practice.
After a number of years of Hoffacker's retrenchment from the company, in around August and September this year, two employees of 'Source Media' each received e-mail from a Yahoo account alerting them that they could be sacked from their jobs. These e-mails were anonymous and before they arrived, the two workers were subject of discussion among senior company officials via e-mails about the formers' employment status and resultant termination.
Investigation by Garcia's officewas assisted by the Federal Bureau of Investigation and lead to the arrest of Hoffacker. He is punished with a five-year imprisonment and a fine of $250,000 if proved guilty.
Related article: “Loopholes did not cause online banking thefts”: ICBC
» SPAMfighter News - 11/24/2006
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