Daily Cybercrime and Security Report for July 3, 2001

A daily survey of the latest cybercrime news from around the world. Of Hackers, Spies and E-Terrorists 3-Jul-01 06:52:36 ET

Story Highlights:“Attacks by the online bad guys — hackers, spies and e-terrorists — are helping to fuel a market for data and network encryption that could reach nearly half a billion dollars…”

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“In fact, new analysis by marketing consulting company Frost & Sullivan entitled ‘World Military and Government High Assurance Network and Data Encryption Market’ states that this industry generated revenues of $176 million in…”

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Newsbytes: Hackers, E-Espionage Will Propel Encryption Market 3-Jul-01 06:52:36 ET

Story Highlights:“A study released today said that as the amount of classified information transmitted via Web networks rapidly increases, hackers and e-terrorists will help create a burgeoning encryption market…”

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“The study by researchers at Frost & Sullivan found that the data-protection industry generated revenues of $176 million in 2000 but projected a steady increase to $457.6 million by 2007…”

Full Story on Newsbytes

[email protected] Week: Hackers May Profit From Spam 02-Jul-01 16:38:17 ET

Story Highlights:“Several small Internet service providers have been shocked to see some of their most unlikely users turn into spammers…”

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“But it turns out the users are unwitting tools of a new virus that experts say is the first case they’ve seen of hackers finding a way to commercially exploit their skills…”

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Newsbytes: ‘Dirty Dozen’ Viruses Listed For June 02-Jul-01 10:44:15 ET

Story Highlights:“According to anti-virus software maker Central Command, the most prevalent virus recorded in the wild for the month of June remains I-Worm.Hybris.B, a dubious honor earned for the fourth straight month…”

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“The company today released its list of the top-12 most seen viruses, known as the ‘Dirty Dozen,’ which shows I-Worm.Hybris.B in second place, followed by the VBS.Loveletter.K…”

Full Story on Newsbytes

ZDNET: Oracle8i Database Found To Have Holes 3-Jul-01 08:17:32 ET

Story Highlights:“Two vulnerabilities have been discovered that could wreak havoc on the most widely used database software on the Internet, Oracle8i…”

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“The first and most serious hole would allow hackers to overflow the buffer of 8i’s Transparent Network Substrate (TNS) Listener, which is responsible for establishing connections between a client and remote Oracle services…”

Full Story on ZDNET

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