Daily Cybercrime and Security Report for November 6, 2001

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

CNN: Microsoft Admits Major ‘Passport’ Flaw 03-Nov-01 14:43:43 ET

Story Highlights:“Microsoft is making repairs after acknowledging that its ‘Passport’ technology for safeguarding purchases on the Internet has a serious design flaw that might have allowed hackers to steal credit card numbers and personal information…”

* * *

“Microsoft said 2 million customers use the vulnerable ‘e-wallet’ feature of Passport, and there was no evidence of actual theft…”

Full Story on CNN

ZDNet UK: Microsoft Leaves its Wallet Wide Open 5-Nov-01 09:51:48 ET

Story Highlights:“Software flaws in Microsoft’s Passport authentication system leave consumers’ financial data wide open and have caused the software company to remove a key…”

* * *

“The admission came after an open-source programmer demonstrated serious security flaws in Wallet — the Passport service that keeps track of data used by e-commerce sites…”

Full Story on ZDNet UK

ZDNET: Microsoft: No Relief From Security Attacks 06-Nov-01 19:41:02 ET

Story Highlights:“After the one-two combination of the Code Red and Nimda worms that targeted the company’s server and PC software this past summer, the titan announced an initiative in early October to promote security-savvy administration among its partners…”

* * *

“However, almost every week since it announced its Strategic Technology Protection Program, a new security flaw has cropped up…”

Full Story on ZDNET

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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