Daily CyberCrime and Security Report for June 13, 2002

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

The Register: Feds, Industry Battle the Biggest Network Bug 12-Jun-02 13:55:19 ET

Story Highlights:“Four months after a public advisory warned of security vulnerabilities in a ubiquitous Internet remote management protocol, there have been no widespread attacks exploiting the holes…”

* * *

“But technology companies and a special U.S. government panel are quietly evaluating the threat of related vulnerabilities in some of America’s most critical electronic infrastructures, including the telephone network, the power grid, and the next generation of air traffic control systems…”

Full Story on The Register

IDG.net: Grid Computing Hits Security Gridlock 12-Jun-02 20:25:34 ET

Story Highlights:“Doubts about the security of grid computing – serious enough to stifle adoption – are being addressed head-on by Sun Microsystems Inc. and the Global Grid Forum…”

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“Sun says adoption of global grids, where companies share hardware and software resources to accomplish a computational goal, has been slowed because of security concerns and a lack of standards…”

Full Story on IDG.net

Ananova: Frethem Worm Spreading Online 13-Jun-02 13:29:16 ET

Story Highlights:“A new computer virus is spreading across the internet…”

* * *

“The Frethem worm exploits a known vulnerability in Outlook that allows attachments to open automatically…”

Full Story on Ananova

ComputerWorld: Chief (In)security Officer 13-Jun-02 02:00:58 ET

Story Highlights:“The exodus began in December. Bruce Moulton, vice president of infrastructure risk management at Fidelity Investments in Boston, was let go. That same month, Steve Katz, chief security and privacy officer at Merrill Lynch & Co. in New York, accepted a buyout…”

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“The departure of these and other information security veterans from Fortune 500 companies reflects the beginning of turbulent times for chief security officers…”

Full Story on ComputerWorld

The Register: Credit-Card Hackers Stung with Bogus IIS ‘Sploit 12-Jun-02 05:27:43 ET

Story Highlights:“What happens when you float a counterfeit IIS hole in a carder chatroom on IRC, tantalizing its young denizens with a quick, easy score?…”

* * *

“Do they proxy up, patiently enumerate the site, grab banners, analyze what they’re up against and carefully plot an attack? Or do they rush into the trap like so many elite lemmings?…”

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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