Daily Cybercrime and Security Report for October 15, 2001

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

ABCNews: Hacking for the Cause 15-Oct-01 09:47:54 ET

Story Highlights:“A group of self-proclaimed hackers led by a wealthy and flamboyant German businessman says it is taking a vigilante approach to the war on terrorism by bringing together hackers worldwide to track down terrorist finances and resources online…”

* * *

“They claim to have 34 people in 10 countries who have hacked the computer systems of banks they say may be linked to accused terrorist Osama bin Laden. They also say they’ve shared information with the FBI…”

Full Story on ABCNews

E-Commerce Times: Ground Zero for Electronic Fraud 12-Oct-01 15:34:39 ET

Story Highlights:“When money is being exchanged, chances are that somebody sometime is going to cheat. Unfortunately, that’s the case whether the money is being spent for products, services or philanthropic causes…”

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“Anyone who doubts the prevalence of online fraud need look no further than their hometown newspaper. Fraud, it turns out, is one element of electronic commerce that…”

Full Story on E-Commerce Times

Internet.com: MediaBEAM Dismisses Hack Threat 12-Oct-01 13:29:34 ET

Story Highlights:“MediaBEAM, a company promising a way for advertisers to block the so-called ‘ad blockers,’ is weathering its first controversy, as hackers successfully find a way around the firm’s AdKEY service…”

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“A German hacker group calling itself the ‘Anti-AdKEY Initiative’ released a statement detailing how a user could successfully counter MediaBEAM’s technology, which is…”

Full Story on Internet.com

The Register: SirCam Due to Wipe Windows PCs Next Tuesday 12-Oct-01 16:39:58 ET

Story Highlights:“SirCam, the bandwidth-munching privacy invading mass mailing virus, is due to attempt to wipe infected users’ Windows PCs next Tuesday…”

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“That’s the bad news. The good news is that indications are the malicious payload the virus contains isn’t particularly effective, probably because of shoddy programming on…”

Full Story on The Register

The Register: Anti-Terror Bill May Regulate Carnivore Use 13-Oct-01 17:59:03 ET

Story Highlights:“Momentum is gathering on Capitol Hill for anti-terror legislation which will give the U.S. government unprecedented freedom to conduct surveillance of suspects, including their comings and goings via the Internet…”

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“[T]he PATRIOT Act, which included a much-needed sunset clause, did not include provisions for secret searches, and refined some language which would have enabled the Feds to apply the label of ‘terrorist’ to virtually…”

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.

1 Comment

  • This refers to a story contained in your post:

    Internet.com: MediaBEAM Dismisses Hack Threat on

    12-Oct-01 13:29:34 ET

    What makes this story a cybercrime issue?

    Hopefully you’re not taking sides against the hackers in this case. They are the good guys.

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