Daily CyberCrime and Security Report for January 29, 2002

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

InformationWeek: Businesses Keep Spending On Security 28-Jan-02 03:26:29 ET

Story Highlights:“It’s still full speed ahead for information security specialists in 2002…”

* * *

“Although IT expenditures for other areas are either staying level or being slashed, more money continues to be directed toward the defense of company networks…”

Full Story on InformationWeek

CBS News: Report: Hacking Is Increasing 28-Jan-02 14:35:20 ET

Story Highlights:“Computer attacks on companies were up sharply in the second half of 2001, reports a computer security corporation, which admitted it was surprised by the volume of verified cyber-assaults: At least 128,678…”

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“‘The volume of attacks on average per company is increasing about 79 percent over the six-month period of time…'”

Full Story on CBS News

The Register: Morpheus Application is ‘Safe’ 28-Jan-02 13:53:19 ET

Story Highlights:“Morpheus, the music and file-sharing application, is free of malicious code – although individual downloaded files carried by the service may be contaminated…”

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“According to recent Usenet reports some people were infected with Nimda worm variants after using MusicCity Morpheus…”

Full Story on The Register

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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