Many people, in trying to cash in on the millions of dollars promised in the Nigerian schemes, find themselves stealing to fund their investments. Unfortunately, more people are prosecuted for stealing from others to participate in the scheme than for perpetrating the scheme itself. In New Hampshire, Charles Brewster, 51, pleaded guilty to embezzling $73,000 from companies with which he was associated. The money, plus the funds obtained by forging a $120,000 check, was to be invested in a Nigerian oil con. Brewster was convinced the scheme was legitimate. Early in 2002, Shirley Elaine Hangings responded to the 419 schemes by spending her life savings of $30,000 to $70,000 and then passed a bogus check for $228,260 to fund any deficiency. She was sentenced to 16 months in a California state prison. And a law-firm bookkeeper, Anne Marie Post, 57, was charged with embezzling $2.1 million from her Detroit-area employer. She believed that she would receive millions from an official with the Ministry of Mining in South Africa.
According to Wired, statistics presented at the International Conference on Advance Fee (419) Frauds in New York on Sept. 17, 2002, show that approximately 1% of those who receive 419 E-mails (and faxes) are fooled and eventually scammed.
How Enterprises Are Attacking the IT Security EnterpriseTo learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Infographic: The State of DevOps in 2017Is DevOps helping organizations reduce costs and time-to-market for software releases? What's getting in the way of DevOps adoption? Find out in this InformationWeek and Interop ITX infographic on the state of DevOps in 2017.
2017 State of IT ReportIn today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.