E-Commerce News: News: Daily CyberCrime and Security Report for March 4, 2002

Daily CyberCrime and Security Report for March 4, 2002

By Stephanie Losi
E-Commerce Times
03/04/02 7:58 AM PT

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

E-Commerce Times: Report: Merchants Race To Outpace Online Fraudsters
04-Mar-02 09:29:55 ET

Story Highlights:
"More than US$700 million in online sales was lost to fraud in 2001, according to a report released Monday by GartnerG2..."

* * *

"Last year's online fraud losses represented 1.14 percent of total annual online sales of $61.8 billion, the report stated. Those losses were 19 times higher than fraud losses resulting from offline sales..."

Full Story on E-Commerce Times

LATimes: Patching Holes in the Net
04-Mar-02 04:11:56 ET

Story Highlights:
"Cyberspace security often seems reminiscent of the movie 'Groundhog Day,' in which a TV weatherman played by Bill Murray wakes up and relives the same day over and over..."

* * *

"After each massively disruptive software infection or hacking episode, users and computer administrators briefly get security religion, swearing that this time they really will take precautions and get things fixed..."

Full Story on LATimes

The Register: Malware By Numbers: Online Virus Creation Tool Spotted
04-Mar-02 08:20:56 ET

Story Highlights:
"The world's first online virus generator has surfaced - but there's no need to get too alarmed..."

* * *

"The Instant Macro-Virus Maker can be used to create macro viruses and dispenses with the need for virus writers to download virus creation toolkits..."

Full Story on The Register

The Register: C# Virus Pitched Against .NET
04-Mar-02 10:44:01 ET

Story Highlights:
"A new virus uses Microsoft's (Nasdaq: MSFT) C# language to target .EXE files under the Microsoft .NET Framework..."

* * *

"The Sharpei mass-mailer targets machines running .NET and consists of three components: a simple file dropper program, a mass mailer which uses Microsoft Outlook to spread, and a .NET component..."

Full Story on Wired

LATimes: University Lab Security Checked
01-Mar-02 14:31:22 ET

Story Highlights:
"Federal investigators are examining university labs across the country to see if they are vulnerable to thieves or hackers looking for potential bioterrorist weapons..."

* * *

"The inspections were prompted by concern over lab security in the wake of the still-unsolved anthrax attacks..."

Full Story on LATimes

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

More by Stephanie Losi

Microsoft Unveils CRM Upgrade
June 02, 2004

Perhaps the most important new feature of the CRM product is its deep integration with Office 2003. According to Microsoft, users of Office 2003 and Microsoft CRM 1.2 will be able to perform many CRM tasks, such as creating and tracking sensitive letters, escalating cases and looking up customer data, within Office.

Nintendo, Sony Up Portable Gaming Ante
May 12, 2004

The DS is most notable for its dual screens, which allow players to view gaming action from two perspectives at once. It also sports several other features, including touch-screen input, voice recognition, chat software and wireless networking capabilities, with support for both IEEE 802.11 (WiFi) and Nintendo's proprietary mobile protocol.

Intel Unveils Next-Gen Wireless Chips
April 13, 2004

The new PXA27x chips use Intel's SpeedStep technology, which is designed to enable power savings by managing voltage and frequency changes, much like the technology used in the company's notebook processors.

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