Ex-Citi staff charged under Computer MisUse Act
Mar 24th, 2008 | By Han Lee Yen | Category: Business LawPrime News: Ex-Citi staff charged with unauthorised access to info
Selina Lum
24 January 2008
Straits Times
English
(c) 2008 Singapore Press Holdings Limited
They are accused of taking clients’ information before leaving to join rival UBS
SEVEN former employees of Citibank were hauled to court yesterday and charged with taking their clients information before leaving to join rival UBS.
The bulk of the 1,223 charges laid against the bankers are under the Computer Misuse Act (CMA) for unauthorised access to data held in Citibank’s computer servers.
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Factiva.com |
http://ezlibproxy1.ntu.edu.sg.global.factiva.com
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All NTU Alumni can access four databases remotely using their alumni email account. 
Customers and IPs belong to a company that you work. When you resigned, you can’t take along with you. However, in some business it’s hard to prevent it from happening.
1) Customers – some staff have built a very good relationship with the customers . This is very apparent in sales industry like insurance and wealth management. Some of them become friends through years of trusted relationship. If the staff leave a company, the customers will follow the staff because of the trust. It is not that the ex-staff is ’stealing’ the customers away. But in some cases, the customers will jump-ship to follow the ex-staff.
2) IPs – in some environment, especially teaching , education and some skill set, the IPs are easily duplicated from the person’s knowledge. A teacher/trainer can easily replicate his/her ideas by introduing some variation in the presentation/contents.
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Hazman Aziz reply on April 14th, 2008 6:59 pm:
To know more about IP, you can visit: IPOS – Intellectual Property Office of Singapore at this url: http://www.ipos.gov.sg/
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