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Mass deletion of data’ on former BoC execs’ computers
CyprusMail ^ | April 5, 2013 | George Psyllides

Posted on 04/05/2013 8:05:29 AM PDT by Gorilla44

DELETION of data allegedly took place on computers belonging to senior Bank of Cyprus (BoC) executives, according to the leaked findings of a probe into the circumstances that forced the island’s biggest lenders to seek state assistance.

Alvarez and Marsal, the firm tasked with investigating why Bank of Cyprus and Laiki sought state assistance, said the information provided by BoC was incomplete and data deleting software were found on the computers of two senior executives.

“Our computer forensic technologists have found that the computers of two employees, (former CEO) Mr. (Andreas) Eliades and (senior manager group treasury and private banking) Christakis Patsalides, have had wiping software loaded, which is not part of the standard software installations at the BoC,” A&M said. “Mass deletion of data appears to have been undertaken on the Patsalides computer on October 18, 2012.”

A&M’s findings were handed over to parliament on Wednesday.

(Excerpt) Read more at cyprus-mail.com ...


TOPICS: News/Current Events
KEYWORDS: cyprusbankcomputers; cyprusbankexecs; cyprusbanks; cypruscomputers; cyprusconfiscation
Where did all the honest bankers go.
1 posted on 04/05/2013 8:05:29 AM PDT by Gorilla44
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To: Gorilla44

We have been bailing out criminals here and abroad


2 posted on 04/05/2013 8:11:21 AM PDT by Former MSM Viewer
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To: Gorilla44

Duh. Would rather have people think you’re a criminal or give them a computer full of proof?


3 posted on 04/05/2013 8:13:40 AM PDT by Pan_Yan
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To: Gorilla44

There should be backups, especially if they are using a monstosity like exchange for their mail.


4 posted on 04/05/2013 11:45:09 AM PDT by zeugma (Those of us who work for a living are outnumbered by those who vote for a living.)
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