Daily CyberCrime and Security Report for December 28, 2001

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

Wired: Why Worm Writers Stay Free 27-Dec-01 02:04:51 ET

Story Highlights:“Virus writers often act as if the Internet, the most public forum in the world, is their very own private playground…”

* * *

“Law enforcement officials are amused and amazed by the many virus writers who carefully include identifying comments or credits in their code, and who often are found bragging about their skills and latest creations in newsgroups or on Internet Relay Chat channels…”

Full Story on Wired

Internet.com: Badtrans Tops List of 2001 Virus Threats 28-Dec-01 11:36:27 ET

Story Highlights:“The Badtrans.B Internet worm, which first reared its head in November, has topped Computer Associates International Inc.’s Top 10 Virus List for 2001…”

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“Code Red, which roused the FBI’s attention, failed to make the list. However, Sircam, which has plagued e-mail inboxes for months, took the second slot…”

Full Story on Internet.com

MSNBC: Retail Gift Cards Often Unprotected 27-Dec-01 17:36:36 ET

Story Highlights:“Ahead of the holidays, gift-givers gave away millions of magnetic stripe gift cards charged with billions of dollars in value…”

* * *

“By now, the money might already be stolen…”

Full Story on MSNBC

ZDNET: Microsoft: Piecemeal Patchwork for IE 26-Dec-01 21:00:47 ET

Story Highlights:“Since the Nimda worm this fall exploited a common vulnerability in Internet Explorer, one would think that Microsoft might make it easy for you and me to get our browsers up-to-date…”

* * *

“Unfortunately, Microsoft has elected to continue its policy of piecemeal patches, even in the wake of this costly worm attack…”

Full Story on ZDNET

BBC: Security Overhaul for Wireless Networks 28-Dec-01 05:06:44 ET

Story Highlights:“The security of wireless networks is getting a make-over in an attempt to secure them from drive-by hacking attacks…”

* * *

“Respected security firm RSA has found a way to improve the notoriously weak encryption system used by wireless networks…”

Full Story on BBC

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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