Zurich, 15. December 2009. The account data stolen from a Geneva branch of British bank HSBC has provided French tax authorities with tens of thousands of names, apparentely far more than previously reported. French national TV has also broadcasted an interview with the former employee at HSBC Private Bank who allegedly handed French tax authorities account data. We do also indeed have the name of this person, Mr. Hervé Falciana. However Google doesnt come up with many results on him. Even a search into the Swiss register of commerce doesnt bring any further detail on Mr. Falciana. This latest event illustrate the importance of a sound Human Resources risk management, and then need of thoroughly profiling of its own employees, especially management. In the milestone survey of KPMG “Profile of a Fraudster Survey 2007” most fraud offences were being indeed committed by management. The first-ever study, done by KPMG, analyzing actual fraud cases clearly revealed that the perpetrators primarily exploited inadequate internal controls for his own benefit - resulting in substantial material and immaterial damage for the company. The survey even went further profiling the typical fraudster as being male, between 36 and 55 years old. By the time he starts profiting from his illegal means, he has usually been employed by the company for six or more years. He typically works in the financial department, and commits the deed alone. He is driven to crime by a desire for money and by opportunity. Unfortunately this will not be the last case of data stolen.