Daily CyberCrime and Security Report for January 22, 2002

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

E-Commerce Times: The Incredibly Vulnerable Online Shopper 22-Jan-02 07:54:19 ET

Story Highlights:“Despite frequent server upgrades, e-commerce sites remain as open to hacking as ever — as witnessed by the continuous stream of headline-making viruses hitting the Internet…”

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“Online merchants often use marketing strategies to ease consumer fears, but it is ultimately technology that beats security threats…”

Full Story on E-Commerce Times

E-Commerce Times: Best Buy Tackles Online Payment Fraud 21-Jan-02 08:53:14 ET

Story Highlights:“Shoppers who make a purchase on will encounter a new payment engine designed to speed the sales process and minimize fraud…”

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Gartner analyst Avivah Litan told the E-Commerce Times that Best Buy falls ‘into the category of a site that is highly prone to fraud attacks because of the nature of the merchandise they sell, and they are likely to…'”

Full Story on E-Commerce Times

ABCNews: Mobile Viruses Loom 22-Jan-02 10:17:24 ET

Story Highlights:“The next time you download a pirated ringtone from the Internet, your cellphone could be infected by a virus…”

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“‘While today we’re largely talking about ringtones and graphics, it’s clear over time we’ll see little applications and applets being downloadable to the device,’ said Jason Conyard, director of mobile products for antivirus software maker Symantec…”

Full Story on ABCNews

The Register: Cloud Nine Blown Away, Blames Hack Attack 22-Jan-02 07:21:11 ET

Story Highlights:“Basingstoke-based ISP Cloud Nine has closed its operation this morning after being hit by a crippling security attack…”

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“The denial of service attack was so bad the ISP says it will have to rebuild its network…”

Full Story on The Register

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

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