I guess we're lucky its only low level things like telecoms that have released our personal information into the offshore workforce and we're seeing only a few thousand pounds fraud.
Imagine how much worse it could be if it were the big banks who had all these offshore workers with direct access to the exact financial status and personal details of individuals and companies...
Fraud can take place anywhere in the world. It takes place here in the UK as well as every other country. However there is a relative value proposition at work - the relative profit of committing fraud in India is much greater than in the UK, therefore its more likely to occur more widely at much lower levels. That cheap offshore labour might not be so cheap if your fraud incidence rises.
Biting the hand that feeds IT
