Lack of Privileged Password Management can explain what wen

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French President Nicolas Sarkozy called the events at Societe Generale a "large-scale internal fraud", and Daniel Bouton the Societe Generale Chairman said the fraud was a "one-off" and denied it was a trading or risk-management fault.

According to reports in the Wall Street Journal Mr. Kerviel "worked late into the night, essentially burrowing into Societe Generale's computers, as he allegedl

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Source: Security Park
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