Daily Cybercrime and Security Report

If you do business on the Internet, you cannot afford to be uninformed about the dangers and pitfalls that cybercrime poses. The following is a daily survey of the latest cybercrime news from around the world.

ComputerWeekly: Music Swapping Sites Increase Virus Threat 05-Mar-01 19:09:25 ET

Story Highlights:“Experts are warning of an increased security risk from peer-to-peer software, following the outbreak of a virus affecting the Gnutella network…”

* * *

“The Gnuman virus, seen last week, renames a copy of itself to match a P2P network user’s search query term, tricking the user into downloading an executable file which then infects another machine…”

Full Story on ComputerWeekly

Newsbytes: Mitnick: Identity Theft Easy As Pie 05-Mar-01 17:39:19 ET

Story Highlights:“Thanks to lame online security measures, stealing an individual’s identity is like taking candy from a baby, says reformed hacker Kevin Mitnick..”

* * *

“Passwords, user names and other data used by financial institutions and utility companies to verify identity, such as an account holder’s Social Security number, driver’s license information and mother’s maiden name, are readily accessible in myriad databases on the Web…”

Full Story on Newsbytes

ZDNET: New E-Rip-Off Maneuver: Swapping Price Tags 05-Mar-01 16:38:59 ET

Story Highlights:“An estimated one-third of all shopping cart applications at Internet retailing sites have software holes that make them vulnerable to the price switching scam, said Peggy Weigle, chief executive of Sanctum…”

* * *

“For example, a major PC manufacturer sells a sleek new laptop for $1,600, but Weigle knows how to manipulate the company’s shopping cart software code to change the price to $1.60…”

Full Story on ZDNET

Info World: Amazon Unit Loses Credit Card Data to Hackers 06-Mar-01 06:56:52 ET

Story Highlights:“Amazon.com subsidiary Bibliofind.com said Monday that hackers stole the company’s customer records, including credit card information, according to a report in the online edition of The Wall Street Journal published Tuesday…”

* * *

“Hackers have had access to customer data from October 2000 through February 2001, said the report, citing an e-mail sent by Bibliofind to its customers on Monday…”

Full Story on Info World

Sydney Morning Herald: Ombudsman Launches Hunt for Web Fraud as Phone Bills Skyrocket 07-Mar-01 06:12:39 ET

Story Highlights:“The Telecommunications Ombudsman suspects Internet users stung by huge phone bills are being defrauded and he will re-investigate more than 50 complaints…”

* * *

“The ombudsman, Mr John Pinnock, said yesterday he had asked his staff to review urgently all complaints involving ‘Internet dumping’ after…”

Full Story on Sydney Morning Herald

For more of the latest e-business and technology news from around the world, updated 24 hours a day, visit TechNewsWorld.com.

Leave a Comment

Please sign in to post or reply to a comment. New users create a free account.

How often do you update your passwords?
Loading ... Loading ...

Technewsworld Channels