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Daily CyberCrime and Security Report for January 11, 2002

Daily CyberCrime and Security Report for January 11, 2002



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

E-Commerce Times: California Internet Investment-Scam Suspect Unruffled by SEC
11-Jan-02 06:18:07 ET

Story Highlights:
"A California teenager accused of running an Internet scheme that raked in more than US$1 million from unwitting investors brazenly kept working the scam..."

* * *

"The extravagance of his claims made in Internet chat rooms did not stop at least 1,000 investors from sending him $1 million over six weeks..."

Full Story on E-Commerce Times


ABCNews: High-Tech Thievery
10-Jan-02 12:48:10 ET

Story Highlights:
"At the corner market, the skim is in the refrigerated milk — and perhaps in the store's cash-dispensing ATM..."

* * *

"The cybercrooks' technique is so clandestine that consumers often don't know that they've become victims until they check their monthly bank statements — or when checks start to inexplicably 'bounce' due to lack of available funds..."

Full Story on ABCNews


The Register: Hacking Activity Plummets
10-Jan-02 14:37:50 ET

Story Highlights:
"Security breaches and hacking attacks have diminished in numbers since the September 11 terrorist attacks..."

* * *

"Monthly reports by the Federal Computer Incident Response Center (FedCIRC), a central security coordination and analysis facility run by the US government, show just 15 incidents of intruder activity reported to it last month - less than a third of that recorded in December 2000..."

Full Story on The Register


The Register: Is Your Son a Computer Hacker?
11-Jan-02 11:06:02 ET

Story Highlights:
"In December, a site called Adequacy.org posted the piece by author T.Reginald Gibbons 'How to Tell if Your Son is a Computer Hacker...'"

* * *

"Mr. Gibbons, model parent and patriarch of 'the finest family in the USA' had his cozy world torn apart, as before his eyes his son Peter turned into a shifty computer geek..."

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.



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