Daily CyberCrime and Security Report for December 30, 2002

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

E-Commerce Times: Riding the Disinformation Superhighway 30-Dec-02 08:13:05 ET

Story Highlights:“Recognizing that more consumers than ever would take to the Internet for holiday shopping this year, the U.S. Federal Trade Commission warned consumers to be cautious…”

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“Their first piece of advice: Deal with only those companies that you know and trust. But because the Web is a blind medium, sometimes it is not even possible to verify the identity of the person at the other end of a transaction…”

Full Story on E-Commerce Times

Wired: So Many Holes, So Few Hacks 30-Dec-02 02:00:00 ET

Story Highlights:“Experts who discover and report security holes seem to be far more industrious than the malicious hackers willing or able to exploit those holes…”

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“Despite the thousands of hackable holes that lurk in e-mail, on websites, in files and operating systems, most users’ computers are never afflicted with more than the virtual version of a sniffle…”

Full Story on Wired

MSNBC: Former Computer Hacker Granted Radio License; May Go Back Online 27-Dec-02 12:12:07 ET

Story Highlights:“A man the federal government once labeled ‘the most wanted computer criminal in U.S. history’ has won a long fight to renew his ham radio license and next month can resume surfing the Internet…”

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“Kevin Mitnick, 39, of Thousand Oaks, Calif., served five years in federal prison for stealing software and altering data at Motorola, Novell, Nokia, Sun Microsystems and the University of Southern California…”

Full Story on MSNBC

ABCNews: A Lesson in Cyber-Security 25-Dec-02 18:47:15 ET

Story Highlights:“Reid Ellison is a 15-year-old high school hacker who, for a time, had complete control over his school’s computer system…”

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“A hack attack from a smart kid is just about any school’s worst nightmare. But Ellison got a pat on the back for his exploits, rather than a slap on the wrist…”

Full Story on ABCNews

Globe Technology: Cyberspace Experts Await Full-Scale Attack 27-Dec-02 05:12:44 ET

Story Highlights:“The war on terrorism and the prospect of hostilities with Iraq have the sentinels of cyberspace bracing for trouble…”

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“Experts believe it is only a matter of time before someone mounts a concerted, politically motivated attack on the Internet or on a piece of computer-dependent infrastructure such as the electrical grid…”

Full Story on Globe Technology

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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