If you do business on the Internet, you cannot afford to be uninformed about the dangers and pitfalls that cybercrime poses. The following is a daily survey of the latest cybercrime news from around the world.
28-Nov-00 20:09:58 ET
Story Highlights:
"A computer virus that’s smart enough to block its victims from getting help is steadily spreading around the Internet. The bug, called MTX, was discovered in August and initially labeled a low risk. But in recent weeks, infections have been growing and last week it was the most prevalent virus in the world..."
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"The bug has one very sinister feature: once it infects a user, it’s programmed to stop the victim from visiting antivirus Web sites and sending 'mayday' e-mails to antivirus companies..."
29-Nov-00 07:39:13 ET
Story Highlights:
"A music and technology forum that ran a $10,000 contest back in September challenging people to hack into copyright protection technologies said on Tuesday it was paying prize money to two hackers..."
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"Earlier this month SDMI said two of five copyright protection technologies had been successfully attacked..."
28-Nov-00 20:01:50 ET
Story Highlights:
"The Secure Digital Music Initiative (SDMI) said it was contacting two successful challengers, who will receive $5,000 each..."
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"SDMI disclosed the results earlier this month following weeks of speculation and embarrassment for the group amid claims by researchers from Princeton and Rice universities and the Xerox Palo Alto Research Centers who said they had defeated four of the group's watermarking technologies, which try to guard against hacking..."
28-Nov-00 21:10:20 ET
Story Highlights:
"The Pentagon inspector general on Tuesday sharply criticized former Deputy Defense Secretary John Deutch for storing classified material on a laptop computer he used at home to access America Online..."
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"The inspector general called that an extremely risky practice because a computer hacker could have gained online access to the laptop and information stored on the hard drive. 'We find his conduct in this regard particularly egregious in light of existing DOD policy directives...'"
29-Nov-00 00:11:37 ET
Story Highlights:
"A two-day conference of the Association of Anti-Virus Asia Researchers (AVAR), an international meeting to exchange information on the latest trends and technical know-how for dealing with computer viruses got underway in Tokyo..."
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"Mondo Yamamoto, Deputy Director of the Office of IT Security Policy of Japan's Ministry of International Trade and Industry, said that 5,222 cases of computer virus infections were reported to the Information-technology Promotion Agency between January and September 2000..."
Full Story on AsiaBizTech Japan
28-Nov-00 15:24:23 ET
Story Highlights:
"Companies ranging from online portals to credit card giants are trying this holiday season to calm people's fears about online privacy and fraud..."
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"That concern follows several widely reported online security problems, from hackers stealing thousands of credit card numbers at CD Universe to failed dot-com companies trying to sell their customer
lists..."
29-Nov-00 06:55:08 ET
Story Highlights:
"Stephen King is pulling the plug, for now, on 'The Plant.' The bestselling author said on his Web site that he will temporarily suspend the serial novel after the sixth installment..."
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"Although readers downloaded some 400,000 free copies of the 66-page novella, hackers broke through the book's anti-copying technology the day it was made available and posted unauthorized versions on the Internet. In an effort to win sales without resorting to fallible encryption..."
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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