Daily Cybercrime and Security Report

If you do business on the Internet, you cannot afford to be uninformed about the dangers and pitfalls that cybercrime poses. The following is a daily survey of the latest cybercrime news from around the world.

Info World: Schwab’s Site Vulnerable to Security Flaw 07-Dec-00 05:30:19 ET

Story Highlights:Charles Schwab’s online customers are at risk of having their account information accessed and their accounts manipulated due to the same software vulnerability that affected E-Trade’s Web site in September…”

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“‘In order for someone to attack you as a Schwab customer, the hacker must know you’re a customer and [that you are] logged on,’ Sommerfield said. ‘Also, the hacker must know…'”

Full Story on Info World

ZDNET UK: New Breed of Psychological Viruses Emerge 07-Dec-00 03:54:49 ET

Story Highlights:“Virus writers are turning to psychology to victimise unwitting PC users according to one anti-virus expert…”

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“The warning comes as the MTX virus gains momentum. This virus has a particularly sinister element to it as it blocks access to antivirus Web sites, effectively preventing users from seeking help…”

Full Story on ZDNET UK

The Register: Hospital records Hacked Hard 07-Dec-00 00:15:35 ET

Story Highlights:“A sophisticated hacker took command of large portions of the University of Washington Medical Centre’s internal network earlier this year and downloaded computerized admissions records for four thousand heart patients…”

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“The medical centre was reportedly unaware that patient records were downloaded, and elected not to…”

Full Story on The Register

Canoe: Computer Crimes Face Weak Laws in Most Countries 07-Dec-00 07:56:05 ET

Story Highlights:“After getting blindsided by the ‘I Love You’ computer virus earlier this year, the Philippines quickly outlawed most computer-related crimes. But it was the only nation to do so…”

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“Criminal laws in most countries have not been extended into cyberspace. Just nine of the 52 countries have amended their laws to cover computer-related crimes…”

Full Story on Canoe

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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