Phreakers costing UK companies1.5 billion per year

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Phone ‘phreaking’ costs organisations in the UK a whopping £1.5 billion each year. So what is it and how can organisations prevent themselves from becoming victims?

‘Phreaking’ is the term given to describe people who participate and experiment with telecommunications systems. As telephone networks are now computerized, they can be hacked and the practice has become closely linked with computer hacking. 

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Story added 17. April 2012, content source with full text you can find at link above.