trusting banking information to convicts
If my bank opts into this bizarre scheme I'm surely high tailing it out of their clutches. This is the worst idea ever without even mentioning the huge unemployment in the UK.
An Indian outsourcing firm is working with prison authorities to set up a 200 man unit to handle back office and data entry functions for businesses worldwide. Charlapally Central Jail near Hyderabad was chosen because 40 per cent of prisoners are well-educated. Lags will get the chance to learn some skills that might actually …
...about such things anyway.
Almost every financial institution I've dealt with in the last decade has amply demonstrated to me the wide gulf between the claimed effectiveness of their security and actual reality. Nor am I in any doubt about where the bulk of security risks in banking originate - inside the system.
If they are already well educated they must already have enough skills to get themselves a job.
Likewise there is a good chance they are already in there for white collar crimes like fraud etc.
The skills this will teach them will make them very valuable to the organized crime gangs as they will get first hand experience of the systems the banks are using to prevent and detect fraud.