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.

Forbes: Malaysian Parliament Web Site Hacker Sparks Alarm 04-Jan-01 04:10:20 ET

Story Highlights:“A hacker attack on the Malaysian parliament’s Web site has sparked alarm about what some see as sloppy approach by government departments to Internet security…”

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“Police said Thursday they were seeking a hacker who wiped out the national parliament’s Web site on Dec. 29…”

Full Story on Forbes

Newsbytes: Love Bug Suspects Sought Antivirus Employment 04-Jan-01 10:26:00 ET

Story Highlights:“It could have been an awkward situation if not completely odd — virus writers working for an anti-virus company…”

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“Onel de Guzman and Michael Buen, two principal suspects accused of making the destructive Love Bug, could have readily qualified as anti-virus programmers because…”

Full Story on Newsbytes

EETimes: EDA Group Circulates FlexLM Hacking Tips 03-Jan-01 20:25:56 ET

Story Highlights:“An online EDA discussion group is circulating tips on how to get free software by illegally cracking FlexLM license managers…”

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“But FlexLM has been attacked by hackers in the past, prompting EDA activist John Cooley to launch Stealthnet in 1999, a private mailing list for…”

Full Story on EETimes

MSNBC: India Enlists Hackers As Cybercops 03-Jan-01 14:41:02 ET

Story Highlights:“Teenage computer hackers will play cyber policemen to help an Indian panel tackle Internet crimes, a top software industry official said…”

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“The National Cyber Cop Committee set up by the industry will be advised by a group of 19 hackers, all between 14 and 19 years of age, based in metro cities…”

Full Story on MSNBC

Info World: Survey Reveals CIOs Not Worried About Security 03-Jan-01 19:30:30 ET

Story Highlights:“Although U.S. companies lose billions of dollars every year as a result of cybercrimes committed by internal and external hackers, more than 90 percent of CIOs polled in a recent survey said they have confidence in their company’s network security…”

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“In addition, CSI survey respondents reported more than $265 million in losses from cybercrimes last year…”

Full Story on Info World

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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