provided by Iron Mountain
Publish date: 08/26/2010
Date posted: 08/26/2010
Overview
An IT administrator in a UK-based company steals backup tapes, one of which contained important data about the company's European operations. In an attempt to extort money, he anonymously alerts the company and demands a £275,000 random fee (approximately $500,000 USD). The company agrees to the terms and arranges a money-for-tapes exchange while simultaneously working with Scotland Yard in a criminal investigation to discover the perpetrator. The British police prevail: they set up a sting, catch the data crook, and solve the crime. The tapes are returned to their rightful owner with no further damage.
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