Global security group Securitas has revealed that its chief executive was declared bankrupt this week after his identity was hacked. In a statement to investors, the company said that a fraudster had made a fake loan application in the name of Alf Göransson, its 59-year-old president and chief executive. To add to the embarrassment, Securitas said the unfortunate Mr Göransson had then found himself being declared bankrupt following a false court application. IT security experts commented below.
Lisa Baergen, Director at NuData Security:
Cybercriminals are building fictitious identities to open fraudulent accounts with an eye towards fleecing banks, mortgage lending institutions, and insurance companies. Stealing genuine account…
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