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Hackers steal Western Michigan University professor's paycheck

41–42 of 42 posts

Re: Hackers steal Western Michigan University professor's paycheck

#41

Post by dclowd9901 » Sun, Feb 02, 2014, 10:22 PM UTC

smtddr wrote: post #30

Blahah wrote: post #28

Earlier quoted context omitted.

Or a fake ID... opening an untraceable bank account is one of the major use cases for identity theft. It's very likely that the money was moved into a bank account opening with a stolen or false identity, and the person will not be caught.

mindblown.gif ...I had no idea a regular person could open & collect funds from a bank account that was fraudulently opened and actually get away with it.

Since the banks enable this kind of crime, I kind of think they should be held liable.

Re: Hackers steal Western Michigan University professor's paycheck

#42

Post by fnordfnordfnord » Sun, Feb 02, 2014, 10:40 PM UTC

jlgaddis wrote: post #39

fnordfnordfnord wrote: post #24

Employee handbook probably has a clause in "IT Policy" that says 'Employee is responsible for maintaining the security of his/her password' or some similar such nonsense that the Uni will try to hide behind. Typically the only way for employees to opt out of this (when this option is available at all) is to elect to receive a paper check. My employer's system (which comes from a big name edu-prise sw vendor) takes a…

> My employer's system (which comes from a big name edu-prise sw vendor) takes a 6 digit password and my system username is public information ... Ahhh, Sungard.

Yup.

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