>From Straits Times (Singapore) dated 2 Nov 1993, page 21:
His job was to top up ATM machines with cash. Instead, he filled his own
wallet - with $122,000. Ahmed Ansar, a clerk with a security company
filched $ 250 to $19, 350 on 22 different occasions between September 92 and
September 93 from the ATMs at the Changi Airport. He was discovered and
apprehended in a sting operation and confessed to his other crimes.
How is it that the fraud was not detected for over 12 months ?
Does it not show a surprising and damaging lacuna in the whole system ?
Would a manual cashier be allowed to run short for one year ?
In another incident, reported in September of this year, a man was
convicted of rigging a lottery run by a bank. He rigged the lottery to
reward himself and his accomplices.
It appears that Singapore is racing towards computerization without
devoting much thought to the risks and security issues involved. [kishor@iti.gov.sg (Apte Kishor Hanamant) via risks-digest Volume 15, Issue 23]
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