Daily CyberCrime and Security Report for January 15, 2002

E-Commerce Times: Does Crime Pay More on the Web?
15-Jan-02 07:24:26 ET

Story Highlights:
"The anonymity of the Internet and the potential for higher rewards for criminals has fueled an alarming increase in cybercrime activity in recent years..."

* * *

"Many analysts believe that ill-equipped law enforcement officials will remain one step behind online lawbreakers unless they..."

Full Story on E-Commerce Times

Computerworld: Microsoft (Nasdaq: MSFT) Shuts Down Online Developer Store; Security Issue Eyed
14-Jan-02 02:43:37 ET

Story Highlights:
"Microsoft Corp. today acknowledged that it shut down a Web site for an online Microsoft Developers Store last Thursday to look into a possible security vulnerability that could compromise customer information..."

* * *

"The alleged security problem involved a defective script used in the creation of the Web site..."

Full Story on Computerworld

ZDNET: AOL Warns of ICQ Attack Risk
14-Jan-02 17:49:27 ET

Story Highlights:
"People chatting with outdated ICQ software are at risk for a potentially damaging buffer overflow exploit, AOL Time Warner cautioned in an alert..."

* * *

"The buffer overflow vulnerability affects versions of America Online's popular ICQ instant messaging software prior to version 2001b..."

Full Story on ZDNET

LATimes: U.S. Establishes Anti-Hacker Unit
14-Jan-02 14:14:15 ET

Story Highlights:
"The Justice Department formed a new cybercrime unit Monday in northern Virginia to go after hackers, cyber-terrorists and software pirates..."

* * *

"Six full-time federal prosecutors, including three who were hired using new funding from Congress aimed at computer crimes, will make up the unit..."

Full Story on LATimes

Computerworld: Cybersleuthing Solves the Case
14-Jan-02 14:39:15 ET

Story Highlights:
"Businesses with intellectual property and online customers to protect are increasingly calling on cyberforensics investigators to get to the bottom of cases of employee wrongdoing and electronic crimes..."

* * *

"'People are calling us when they find malicious software installed on their servers, when they're leaking sensitive information, when they suspect employee harassment—even in cybersquatting cases,' says Ed Skoudis, vice president of ethical hacking at Predictive Systems Inc..."

Full Story on Computerworld

For more of the latest e-business and technology news from around the world, updated 24 hours a day, visit TechNewsWorld.com.