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.

LA Times: Report Finds U.S. Tax Returns Were Vulnerable to Hackers 15-Mar-01 17:41:33 ET

Story Highlights:“Government investigators hacked into the Internal Revenue Service computer system last year and gained access to Social Security numbers and other sensitive information from electronically filed tax returns…”

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“The investigators were able to view taxpayer information because the IRS had not securely configured its operating systems, used adequate password management practices or required the encryption of electronic returns…”

Full Story on LA Times

Ananova: Report Finds U.S. Tax Returns Were Vulnerable to Hackers 16-Mar-01 06:42:05 ET

Story Highlights:“US investigators managed to hack into the tax system’s computers, gaining access to electronically-filed tax returns…”

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“A new congressional report says the Government team found Social Security numbers and other personal information…”

Full Story on Ananova

ZDNET UK: No Accord Reached on E-crime 16-Mar-01 15:52:21 ET

Story Highlights:“In a bad week for European/US digital relations, US regulators look set to reject the European Cyber-Crime Convention, aimed at harmonising laws on computer-related offences…”

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“US experts said the scheme was unclear and unworkable, and particularly objected to a clause that states that employers should be liable for crimes committed by staff on company networks…”

Full Story on ZDNET UK

ZDNET UK: Security Experts Scramble to Stop New Hacking Tool 16-Mar-01 04:37:02 ET

Story Highlights:“Computer security specialists have warned of a new hacking tool that could be used to break down the defences protecting many computer networks…”

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“The hacking tool, dubbed ‘Stick’ by its creators, is engineered to attack Intrusion Detection Systems (IDS), which provide early warning of attacks or security breaches on a network…”

Full Story on ZDNET UK

Newsbytes: Intrusion Detection Systems: An Opening For Hackers? 15-Mar-01 19:38:24 ET

Story Highlights:“System administrators who rely on intrusion detection systems to snag malicious hackers trying to break into their system may actually be lulling themselves into a false sense of security…”

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“The National Infrastructure Protection Center (NIPC), the FBI’s cyber-crime division, said initial reports indicate that a software package had been identified that could be used to disable a computer’s intrusion detection system…”

Full Story on Newsbytes

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

1 Comment

  • It AM azing that consumers have so much to say about cyber crime….especially when they are so

    unwilling to cooperate with the e-tailer when it comes to security issues. As I said previously

    I work for an internet company that makes it a point to do a secuiry check for any credit card order whose information on the order does not match what the credit card company has on file.

    Most of the time people are happy that we take the time to contact them to ensure that they placed the order however we have many customers who are livid that they woulds have their order delayed for what they refer to as “an unimportant proceedure”….Mind you these are the same customers who will have a flying fit if

    they received a charge on their card that wasnot theirs…I wonder why?

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