Cybercrime

Daily CyberCrime and Security Report for August 12, 2002


A daily survey of the latest cybercrime news from around the world.


CNN: Stakes Higher for Hackers Post-9/11? 12-Aug-02 10:08:44 ET

Story Highlights:“In 1997, a teenager who hacked into a Bell Atlantic network inadvertently crashed the computer, leaving 600 homes, a regional airport and emergency services without phone service and disabling communications to the air traffic control tower for 6 hours…”

* * *

“The teen pleaded guilty and received a sentence of 2 years probation, a $5,000 fine and community service. But in the near future, that scenario could land someone in jail for life if a death were to result from a plane crash or a delay in reaching medics on the phone…”

Full Story on CNN


MSNBC: Two New Security Bugs Reported 12-Aug-02 09:46:55 ET

Story Highlights:“Reports of two new security bugs, one affecting a popular data-scrambling program and the other Microsoft Corp.s Internet Explorer software, had computer experts buzzing over the weekend…”

* * *

“Two researchers said they discovered a way that an attacker could trick a user of Pretty Good Privacy, the most popular program for encrypting messages, into helping the attacker decode an intercepted message…”

Full Story on MSNBC


The Register: The Hacker’s Worst Enemy? Another Hacker 12-Aug-02 11:08:55 ET

Story Highlights:“By far the most entertaining – and controversial – speech of this year’s DNSCON, the UK hacker conference, was delivered by Scotsman Gus (something of the Irvine Welsh of the UK’s h4xOr scene) who lambasted the Hollywood image of hacking…”

* * *

“Gus, who doesn’t admit to being a hacker himself (‘that would be criminal’) but clearly knows a thing or two, fired his opening shot by saying anybody who thought hacking was glamorous or a ‘way to get chicks’ was hopelessly wrong…”

Full Story on The Register


Wired: Bug Finders: Should They Be Paid? 09-Aug-02 13:25:33 ET

Story Highlights:“A security company’s offer to pay for information on bugs discovered in software has once again stirred discussions over a long-simmering issue — whether independent researchers should receive compensation for the flaws they find and how information about security vulnerabilities should be disclosed…”

* * *

“Donors to security information firm iDefense’s new Vulnerability Contributor Program will receive cash awards of up to $400 for each report of a software vulnerability…”

Full Story on Wired


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


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