Wednesday, 22 Oct, 2008 Current Events
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Personal Bank Account of the French President Hacked

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The government of France admitted that currently no one is protected against Internet fraud. The announcement came after unknown hackers managed to get the online access code of the personal bank account of the French president Nicolas Sarkozy and steal small sums of money.

A government spokesman stated that after the French President noticed the transactions and notified the police, an investigation was launched.

It is possible that hackers had access to the president's 13,243 pounds a month salary.

"The swindlers will be punished," told the French radio Luc Chatel, who holds the position of secretary of state for consumer affairs. According to Mr. Chatel a lot of work is required to strengthen banking security n the country. The data presented by the national crime agency shows that the year 2008 registered a 9 percent increase in offences, Sky News reports.

In the period between January and June 2008, Internet scams rose by 185 percent compared to the same period last year.

"[This] proves the system of internet checking [of bank accounts] is not infallible. These cases are sufficiently rare that we haven't had to really organize ourselves, but [they are] sufficiently serious for us to reflect on how to improve the system," outlined Mr. Chatel.

The French newspaper, entitled Journal du Dimanche, recently wrote that those who hacked Sarkozy's personal bank account did not appear to be amateurs.

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