Cybercrime

Daily CyberCrime and Security Report for July 10, 2002


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


E-Commerce Times: California Effort Targets Internet Crooks 09-Jul-02 12:21:30 ET

Story Highlights:“The solicitation that popped up on thousands of computer screens sounded too good to be true. Tri-West Investment Club offered a guaranteed high return with no risk of loss by purchasing ‘promissory bank notes…'”

* * *

“Nearly 13,000 people from more than 60 countries jumped at the offer. Instead of becoming rich, they had become victims who had invested $60 million in what would turn out to be one of the largest Internet investment fraud cases in the country…”

Full Story on E-Commerce Times


TechWeb: Securing Web Services 10-Jul-02 10:08:53 ET

Story Highlights:“IBM, Microsoft, and Sun Microsystems on the same page about Web services security? It could happen. No, waitit has happened…”

* * *

“When IBM, Microsoft, and Verisign announced a plan to move the WS-Security standard to the OASIS groupwhile simultaneously convincing Sun to join the effortit was a huge breakthrough…”

Full Story on TechWeb


ComputerWorld: Security Breach Leaves Student Data Open 09-Jul-02 20:15:43 ET

Story Highlights:“A Web log generated by an online registration process opened a security breach over the weekend for a company that provides telephone service to students at about 70 small colleges nationwide…”

* * *

“The breach allowed outsiders to search for the names, Social Security numbers and addresses of about 2,000 students who registered with Resicom Corp. via its Web site…”

Full Story on ComputerWorld


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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