Hi-tech Crooks Hijack Online Brokers

Silicon.Com reports that High-tech crooks are hijacking online brokerage accounts by using spyware and operating from remote locations, sometimes in Eastern Europe.

"The computer "incursions" are a growing problem, said Walter Ricciardi, deputy enforcement director at the US Securities and Exchange Commission (SEC). "It's something we're very concerned about," he said in remarks at a legal conference in Washington."