Daily CyberCrime and Security Report for June 25, 2002

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

CNN: Microsoft Discloses Ambitious New Security Effort 25-Jun-02 09:06:44 ET

Story Highlights:“Microsoft Corp. has disclosed an ambitious new project to improve security by creating within its Windows software a virtual ‘vault’ where customers would conduct electronic transactions and store sensitive information…”

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“The effort, called ‘Palladium,’ would require consumers to buy new computers and other devices equipped with ultra-secure computer chips…”

Full Story on CNN

ComputerWorld: Wireless Security 24-Jun-02 16:52:09 ET

Story Highlights:“Some people think that the term wireless security is an oxymoron, but in fact, wireless security isn’t very different from wired security…”

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“To protect data going out from an organization, whether over radio waves that anyone can listen in on or over phone lines or network cabling that can be wiretapped or sniffed, you need the same basic controls as with any other connection…”

Full Story on ComputerWorld

ZDNET: The Online Security Patchwork 24-Jun-02 07:30:16 ET

Story Highlights:“Web Services leverage the ubiquity of the Internet to link applications, systems and resources within and among enterprises to enable new business processes and relationships with customers, partners and suppliers around the world…”

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“This fundamental shift toward interoperability, however, also presents daunting security challenges…”

Full Story on ZDNET

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