Daily CyberCrime and Security Report for October 28, 2002

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

BBC: The Battle To Control Viruses 25-Oct-02 08:55:47 ET

Story Highlights:“Anti-virus firm Sophos gets more calls about hoaxes than it does about any individual virus…”

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“So much so that it now compiles a list of top ten hoaxes to sit alongside the top ten most virulent viruses…”

Full Story on BBC

The Register: ‘We Are the Worst Security Risk’ – Sys Admins Confess 28-Oct-02 07:08:23 ET

Story Highlights:“More than half of all senior IT managers (58 per cent) think that their own IT departments offer the largest threat to IT security…”

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“IT security holes in corporate systems often open up during systems upgrades or when integrating new applications into core infrastructure, senior managers reported during a recent (and not particularly comprehensive) survey by security consultants Defcom…”

Full Story on The Register

PCWorld: PayPal Users Targeted by E-Mail Scam — Again 28-Oct-02 11:51:12 ET

Story Highlights:“Users of online payment service PayPal have again been targeted by scam artists trying to steal their personal data, including name, address, home and work telephone numbers, and credit card information…”

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“Last week, a reader e-mailed ‘Computerworld’ saying he had received a message allegedly from ‘[email protected]’ with the subject ‘PayPal Security Update.’ Last month, PayPal users were hit by a similar scam…”

Full Story on PCWorld Security Companies Split Over Flaw Disclosures 25-Oct-02 22:07:36 ET

Story Highlights:“When researchers at GreyMagic Software discovered a batch of security vulnerabilities in Microsoft Corp.’s Internet Explorer earlier this month, their first response was to test the vulnerabilities and make sure they were for real…”

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“What they did next, however, raised the ire of Microsoft and others within the software industry…”

Full Story on

InformationWeek: What If a Hacker Attacked and No One Noticed? 28-Oct-02 10:48:20 ET

Story Highlights:” The Internet suffered what’s being called the largest attack ever against its infrastructure — and very few people even noticed…”

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“On Oct. 21, a distributed denial-of-service attack, designed to flood the Internet’s 13 root servers with too much traffic, lasted one to four hours but failed to cripple the Net…”

Full Story on InformationWeek

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