FutureIntelligence
No Result
View All Result
  • Login
  • Register
  • Home
  • Opinion
  • Radio & Podcasts
  • Events & Press
  • Tech Jobs
  • Reviews
  • About
FREE TO SUBSCRIBE
DONATE
  • Home
  • Opinion
  • Radio & Podcasts
  • Events & Press
  • Tech Jobs
  • Reviews
  • About
No Result
View All Result
FutureIntelligence
No Result
View All Result
Home Crime Computer Security

USB stick intellectual property brain thieves

peter by peter
in Computer Security, Crime, Something completely different
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter

High tech thieves are using the latest in memory stick technology to literally suck the brains and commercial secrets out of companies, Peter Warren reports.

RELATED POSTS

Europe’s digital War of Independence

Space cold war warms up

Digital ID card row: to be, or not to be

Load More

Computer security experts are warning about the dangers of a tiny James Bond style spying device used by high-tech thieves that can steal a company’s secrets in the blink of an eye.
Available from the internet for only £10, the devices, called ‘asset strippers’ in the computer security industry, are specially modified USB memory drives capable of holding enormous amounts of data and are already being used by crime gangs and individuals in the City of London . The dangers posed by the lipstick-sized devices have massively increased in recent weeks because they can now be bought loaded with computer software that bypasses a machine’s security measures, according to Richard Hollis, managing director of the top City computer security company Orthus.

“This new device has just put up the stakes considerably” said Hollis. “London businesses have experienced a significant number of attacks that have exploited physical connections in computers over the last year by both disgruntled employees and criminals.

“This means these asset stripping attacks are going to increase because they’re so easy to launch and the risk of getting caught is much lower” says Hollis, pointing out that because the devices can now execute programs automatically, they are particularly dangerous.

“Now all you have to do it put your spyware program onto the stick, plug it in and the program starts to work. In the past someone needed to install it onto the target computer. That is no longer the case.”

The warning from Hollis comes in the wake of the Sumitomu case, an incident still under investigation by the National High Tech Crime Unit, where thieves tried to steal £220m from some 20 accounts by copying staff password and account data to the little bugging devices over a long period of time.

Sources close to the investigation claim that the memory drives were inserted by dishonest employees and then removed after they had gathered enough information.

advertise
ADVERTISEMENT

According to experts, as a lot of computers now have USB plugs on the front of the system the risk posed by the memory drives, which can now store 250 gigabytes of data, is enormous.

“You can pre-program one of these to search for particular information, pretend to be a cleaner, plug it into the front of a machine, leave it for an hour and then walk off with the company,” said Jeremy Barker, Managing Director of Silent Knight, whose company specialises in preventing copying technology being connected to computers.

According to Barker, the memory sticks are exploiting a design fault in the technology called ‘plug and play’ which aims to make computers as easy to use and put together as possible.

”These things go right to the heart of the machine and if you have done nothing to prevent them, they will work from there unhindered and copy everything they want, often within seconds.”

Previous Post

How I became a hacker

Next Post

Nigerian Skype fraudster’s revealing chat

peter

peter

Related Posts

Europe fights to liberate data from the US
Artificial Intelligence

Europe’s digital War of Independence

The US president Donald Trump’s erratic behaviour on the world stage has provoked a massive European data sovereignty backlash as...

by George Ridley
16th April 2026
Space cold war warms up
cyber security

Space cold war warms up

Experts monitoring satellites in space warn of potential war as global tensions spin into orbit. Western space experts are accusing...

by Peter Warren
26th January 2026
Digital ID card row: to be, or not to be
Politics

Digital ID card row: to be, or not to be

The Government’s confused announcement of a Digital ID card scheme faces disaster, unless the Government sets out clear plans, according...

by Blue Buffery
12th November 2025
The M&S hack is a brand attack
Computer Security

The M&S hack is a brand attack

The M&S hack has battered not only the retailer’s computer systems and business it has also battered its brand. The...

by Georgie Warren
23rd May 2025
AI’s energy price
Artificial Intelligence

AI’s energy price

The UK must focus on data centre research to solve some of the massive infrastructure issues caused by the adoption...

by Peter Warren
21st May 2025
AI and creativity

Digital twins – creating our own image and making our mark in the metaverse

In this month’s PassW0rd, ‘Digitally Resonating’, we tackle living and working in the Artificial Intelligence world of the 21st century...

by Blue Buffery
12th October 2024
Next Post

Nigerian Skype fraudster's revealing chat

Nigerian fraudsters home in on Skype trend

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • Europe’s digital War of Independence
  • Space cold war warms up
  • Digital ID card row: to be, or not to be

Categories

© 2021 Future Intelligence - Website by Kukoo Creative

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Opinion
  • Radio & Podcasts
  • Events & Press
  • Tech Jobs
  • Reviews
  • About

© 2021 Future Intelligence - Website by Kukoo Creative

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?