Cybercrime

Daily CyberCrime and Security Report for February 27, 2002


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


CNN: House Panel OKs Boost in Cybercrime Penalties 27-Feb-02 08:40:11 ET

Story Highlights:“A House of Representatives panel voted Tuesday to boost penalties for computer crimes and enable Internet providers to more easily report suspicious behavior to law enforcement authorities…”

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“Under current law, punishments for cybercrimes are based on the economic damage they cause, which often results in little or no jail time…”

Full Story on CNN


The Register: How Security Vendors Act Like Used Car Dealers 26-Feb-02 13:45:06 ET

Story Highlights:“Many anxious users are being duped by unscrupulous or clueless suppliers into buying security products they don’t need…”

* * *

“That’s the view of security consultancy MIS Corporate Defence, which reckons almost 30 per cent of current security spend in Europe is misplaced or wasted on ad-hoc purchases…”

Full Story on The Register


TheStreet.com: Protecting Yourself Against Identity Theft 27-Feb-02 07:19:21 ET

Story Highlights:“Are you acting like yourself these days? The answer could be no…”

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“Someone might have stolen your identity — using your name, address and Social Security number to open accounts, withdraw money and purchase items. Identity theft is expensive, often unknown to victims and increasing rapidly…”

Full Story on TheStreet.com


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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