Daily Cybercrime and Security Report for November 9, 2001

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

ZDNET: Hackers: We Can Crack IBM Security 09-Nov-01 06:38:00 ET

Story Highlights:“Two graduate students have found a way to hack into security systems that protect many banking and e-commerce transactions…”

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“Michael Bond and Richard Clayton, computer science doctoral students, developed programs allowing them to hack into an IBM security computer that was previously thought to be secure…”

Full Story on ZDNET

The Register: Hack Your Bank for $995 09-Nov-01 12:52:13 ET

Story Highlights:“Banks all over the world can be hacked and PIN numbers seized by exploiting a flaw in a common cryptoprocessor made by IBM…”

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“The cryptoprocessor in question, the IBM 4758, sits at the end of cash machines and scrambles the PIN number that people type in, as well as the program used to verify the PIN at the other end…”

Full Story on The Register

CNN: Florida Court Computers Disabled by ‘Nimda’ Worm 08-Nov-01 16:51:45 ET

Story Highlights:“Federal courts in South Florida reverted to a paper-driven system to track thousands of cases following an assault by an updated version of the ‘Nimda’ computer worm…”

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“The virus-like program infected the Miami-based court system on Halloween, but repairs were too slow to prevent a crash Monday…”

Full Story on CNN

ZDNET: Europeans Adopt First Cybercrime Treaty 08-Nov-01 14:51:49 ET

Story Highlights:“The 43-nation Council of Europe adopted a convention on cybercrime on Thursday, the first international treaty on criminal offences committed over the Internet…”

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“The treaty criminalizes activities such as fraud and child pornography committed on the World Wide Web and sets up global policing procedures for conducting computer searches, intercepting e-mails, and extraditing criminal suspects…”

Full Story on ZDNET

The Register: MS Throttles Research to Conceal SW Bugs 09-Nov-01 12:27:14 ET

Story Highlights:“Microsoft Security Manager Scott Culp revealed unilateral steps the company has taken to throttle the exchange of vulnerability information relevant to their famously buggy products…”

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“During a presentation at the Trusted Computing Forum in Mountain View, California Thursday, Culp outlined the terms of several partnerships MS has pursued with…”

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 TechNewsWorld.com.

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