Sep 272010
 

A report by AFP provides another reminder of how costly insider breaches can be:

French police have busted a network of mobile phone hackers, a fraud worth millions of euros, and arrested nine people, including employees of cellular phone companies, investigators said Sunday.

Three people were still in custody Sunday following the arrests across the country that came after a year-long investigation into the network, which had been operating for a decade and is the first of its kind in France, according to officials in an investigative unit of the Marseille gendarmerie.

Investigators explained that the fraud perpetrators allegedly purchased codes to unlock SIM cards for EUR3 ($4) each from high-ranking phone company employees, who had access to company databases.

[…]

The investigation began at the end of 2009 after a complaint at French phone company SFR in the southern city of Marseille about discrepancies in its security system. Two other companies, Bouygues Telecom and Orange were also affected by the fraud.

Read more on Total Telecom.

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