Cybercrime

Daily Cybercrime and Security Report for August 20, 2001


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


CNN: Code Red Not Expected to Cause Major Damage 19-Aug-01 20:11:40 ET

Story Highlights:“Computer security firms and U.S. government agencies do not expect any widespread damage when the Code Red worm awakens from its ‘slumber’ mode Sunday night at 8 p.m. EDT…”

* * *

“As it did during its first incarnation in July, the worm is programmed to seek out vulnerable computers during the first 19 days of the month…”

Full Story on CNN


CNN: Microsoft Retracts XP Virus-Protection Claim 17-Aug-01 17:23:05 ET

Story Highlights:“A promotional Web site for Microsoft’s soon-to-be-released Windows XP operating system said it would offer the same protection from viruses and hackers that major corporations use…”

* * *

“Not so, said a Microsoft executive who had the reference removed from the Web site after The Associated Press questioned it…”

Full Story on CNN


The Register: We Won’t Tell You What This Patch Does, But Apply it NOW 17-Aug-01 15:31:01 ET

Story Highlights:“There’s an extremely serious security problem with GroupWise that requires an immediate patch, but the problem is apparently so bad that Novell can’t even bring itself to tell its users what it is…”

* * *

“The Utah-based software firm has issued an email to its GroupWise 5.5 Enhancement Pack or GroupWise 6 users asking them that to apply the ‘Padlock Fix’ to their servers immediately but isn’t telling anybody why it’s needed, lest hackers exploit the problem on unpatched systems…”

Full Story on The Register


ZDNET: Alliance Takes on DDoS 17-Aug-01 08:11:46 ET

Story Highlights:“Recent threats such as the Code Red and Leave worms are proof that virus writers and hackers are pooling resources to produce hybrid weapons that can cause tremendous damage…”

* * *

“Now, a group of security companies is following suit, hoping that by combining their efforts, they’ll be better able to combat the new, sophisticated attacks…”

Full Story on ZDNET


[email protected] Week: Trust Me! 17-Aug-01 08:02:01 ET

Story Highlights:“It was hastily organized and slightly awkward, but it was a first: Representatives from the FBI, Microsoft and industry security groups stood on a single dais in Washington, D.C., and warned the world about the dangers of the Code Red…”

* * *

“While the July 30 press conference was arguably helpful in stemming the spread of the virus, the real news was the coalition itself, which…”

Full Story on [email protected] Week


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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