Daily CyberCrime and Security Report for March 12, 2003

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

PCWorld: New Code Red Variant Causes Concern 12-Mar-03 08:47:15 ET

Story Highlights:“A new version of the Code Red worm is spreading on the Internet, more than 18 months after the original worm infected Web servers worldwide…”

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“The new version, labeled CodeRed.F, is almost identical to another Code Red variant, CodeRed.C, also known as Code Red II…”

Full Story on PCWorld

Fairfax I.T.: Network Worm Slow To Spread 12-Mar-03 19:03:54 ET

Story Highlights:“Despite initial fears, the new Windows network worm Deloder, which made its appearance this week, does not appear to be spreading…”

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“Advice put out by TruSecure’s surgeon-general Russ Cooper on the NTBugTraq mailing list said the rapid increase in the worm’s activity was being monitored by the company’s director of malcode research…”

Full Story on Fairfax I.T.

TechWeb: As the Worms Turn 12-Mar-03 20:11:12 ET

Story Highlights:“The term ‘worm’ comes from The Shockwave Rider, a 1972 sci-fi novel in which a tapeworm program liberated data as it proliferated through networks…”

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“Xerox Palo Alto Research Center security researchers John Shoch and Jon Hupp appropriated it in 1982 when they automated the installation of Ethernet-performance measuring tools on 100 computers at Xerox PARC…”

Full Story on TechWeb

ComputerWorld: E-mail Scams Continue To Target PayPal Users 12-Mar-03 11:12:07 ET

Story Highlights:“Users of PayPal, eBay Inc.’s online payments service, have once again been targeted by scam artists trying to gain access to their personal information…”

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“Kevin Pursglove, a spokesman for San Jose-based eBay, confirmed that during the past week, PayPal subscribers have been targeted by fraudulent e-mails that appear to be from PayPal…”

Full Story on ComputerWorld

The Register: Slim Pickings for Cybersecurity in DHS Budget 12-Mar-03 07:03:11 ET

Story Highlights:“It’s existed for less than two weeks, but analysts are already concerned that the newly-formed Department of Homeland Security’s cybersecurity unit may not grow up to be the powerhouse of efficiency and expertise it was billed as…”

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“Nearly every government cybersecurity agency was swept in to the new cabinet-level Department’s ‘Directorate of Information Analysis and Infrastructure Protection’ — making the new directorate the single largest computer security organization the U.S. government has ever had…”

Full Story on The Register

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