Daily CyberCrime and Security Report for September 6, 2002


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


MSNBC: Windows Flaw Enables Credit Fraud 05-Sep-02 12:58:19 ET

Story Highlights:“Microsoft late Wednesday said that a flaw in its Windows operating system could allow hackers to gain unauthorized access to thousands of computers…”

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“Microsoft issued a security alert, calling the flaw ‘critical.’ The flaw affects how more than a dozen Microsoft products, including programs for Windows and the Macintosh, handle digital certificates, which are used to certify the authenticity of a Web site or of software code…”

Full Story on MSNBC


PCWorld: Microsoft Leader Bugged by Security 05-Sep-02 16:52:34 ET

Story Highlights:“Brian Valentine says he’s not proud…”

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“The senior vice president in charge of Microsoft’s Windows development team has reason not to be. One of his most notable works, the Windows 2000 operating system, has a security record that is nothing to boast about. In fact, it’s downright dismal…”

Full Story on PCWorld


InformationWeek: VeriSign Embraces MasterCard’s Online Anti-Fraud System 04-Sep-02 15:14:19 ET

Story Highlights:“Online payment processor VeriSign Inc. has embraced an anti-fraud system that promises to decrease merchants’ losses from stolen credit cards but could increase the checkout time for Internet shoppers…”

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“Mountain View-based VeriSign believes its adoption Wednesday of the credit card identification system developed by MasterCard will boost e-commerce by strengthening the protections against credit card fraud…”

Full Story on InformationWeek


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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