Daily Cybercrime and Security Report for May 18, 2001


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


LA Times: Pentagon Says It Is Under Daily Computer Attack 17-May-01 17:43:03 ET

Story Highlights:“Unidentified hackers have been trying to break into Defense Department computer networks in a constant push to disrupt U.S. military forces…”

* * *

“Last year, attackers pierced unclassified Defense Department networks 215 times, up slightly from 1999, but classified systems remained inviolate…”

Full Story on LA Times


Newsbytes: Love Bug Variant Targets Echelon Spy System 17-May-01 19:10:46 ET

Story Highlights:“A variant on the so-called Love Bug virus has been detected, and its creators apparently hope that by disseminating it on the Internet, the controversial Echelon eavesdropping system will become overloaded and rendered inoperable…”

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“The new virus, known as ‘VBS/LoveLet-CL,’ is apparently a politically motivated variation off ‘VBS/LoveLet-A,’ the Love Bug e-mail worm, according to the U.K.-based Sophos computer security firm…”

Full Story on Newsbytes


TechWeb: Another Internet Explorer Vulnerability Strikes 17-May-01 18:10:00 ET

Story Highlights:“Microsoft Corp. is warning users of its Internet Explorer browser software about two newly discovered vulnerabilities. Both vulnerabilities enable attackers to spoof trusted websites…”

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“These vulnerabilities could trick unsuspecting users into trusting a website they shouldn’t and providing sensitive information to the bogus page…”

Full Story on TechWeb


ZDNET: Hackers Cash in on E-Commerce Bug 17-May-01 19:08:57 ET

Story Highlights:“In April, a devastating bug was found in shopping cart software called ‘PDG’ that exposed all customer records on about 4,000 Web sites…”

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“Within days, computer criminals had a field day, racking up thousands of dollars of charges on victims cards at gambling sites, buying phone cards and downloading pricey software…”

Full Story on ZDNET


TechWeb: Master Card Boosts Security 17-May-01 18:09:58 ET

Story Highlights:“MasterCard International stepped up efforts yesterday to fight online fraud and protect online merchants from hackers…”

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“The provider of payment products unveiled its Secure Payment Application for securing credit and debit payments between credit cardholders and online merchants…”

Full Story on TechWeb


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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