Daily CyberCrime and Security Report for October 1, 2002

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

CNN: ‘Bugbear’ Worm Opens Backdoors 01-Oct-02 09:39:11 ET

Story Highlights:“Anti-virus companies warned computer users about a new worm that opens up a backdoor in the computers and logs keystrokes…”

* * *

“The Bugbear worm takes advantage of a known vulnerability in Microsoft Corp.’s Internet Explorer…”

Full Story on CNN

The Register: America’s National Cybersecurity Strategy 01-Oct-02 09:10:56 ET

Story Highlights:“Yesterday the White House released its long-awaited ‘National Strategy To Secure Cyberspace…'”

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“This high-level blueprint document (black/white or color), in-development for over a year by Richard Clarke’s Cybersecurity team, is the latest US government plan to address the many issues associated with the Information Age…”

Full Story on The Register

PCWorld: List of Top 20 Software Flaws Due 30-Sep-02 15:20:17 ET

Story Highlights:“The focus will be on fixes Wednesday, when the U.S. General Services Administration unveils its list of the top 20 Internet security vulnerabilities to a gathering of government chief information officers and IT professionals…”

* * *

“Compiled by the nonprofit SANS (Sysadmin, Audit, Network, Security) Institute and the FBI’s National Infrastructure Protection Center (NIPC), the list is intended to raise awareness of serious computer vulnerabilities and give administrators a way to determine priorities for patching vulnerabilities…”

Full Story on PCWorld

ABCNews: Scammers Target PayPal 01-Oct-02 06:10:21 ET

Story Highlights:“Users of the online payment service PayPal have been hit with two scams to steal passwords, and ultimately cash…”

* * *

“PayPal has taken steps to fight the scams, but critics say the company should have warned its users more thoroughly to never release password information…”

Full Story on ABCNews

The Register: Mobile Phone Java Risks ‘Minimal’ 01-Oct-02 06:33:08 ET

Story Highlights:“Is wireless Java at risk from malicious code attack? The answer appears to be no — for vanilla Java 2 Micro Edition (Java 2 ME)…”

* * *

“But vendors’ proprietary extensions are more problematic, according to Markus Schmall, of T-Mobile. He recently conducted a study of the security of Java 2 ME, using tests on a Siemens SL45 phone…”

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

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