Daily Cybercrime and Security Report for July 31, 2001

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

CNN: Code Red: Will the patch work? 31-Jul-01 07:12:25 ET

Story Highlights:“Christopher W. Klaus of Internet Security Systems (ISS) says he and his 200-plus X-Force researchers aren’t sure that patches meant to stop the ‘Code Red’ computer worm will hold…”

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“‘The original author of the worm or someone else has come in and optimized the propagation algorithm,’ Klaus says. In plain language: ‘The worm has become much more effective…'”

Full Story on CNN

Interactive Week: China Skeptical Code Red Of Chinese Origin 31-Jul-01 03:09:35 ET

Story Highlights:“A Chinese network safety official said on Tuesday the fast-spreading ‘Code Red’ Internet worm, which disrupted U.S. government Web sites last week, was probably not made in China, despite Web site defacings that said ‘Hacked by Chinese…'”

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“The Code Red worm, which U.S. officials said was likely to reemerge at midnight GMT Tuesday and wreak havoc on the Net, had surfaced little in China and appeared too sophisticated to be the work of Chinese hackers…”

Full Story on Interactive Week

London Evening Standard: Britain on Net ‘Worm’ Alert 31-Jul-01 04:41:56 ET

Story Highlights:“A computer virus which could wreak international havoc via the internet today led the FBI in Washington to issue an unprecedented warning to British businesses…”

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“Companies have been warned that they have just hours left before the so-called Code Red worm – which may already be lying dormant in hundreds of systems across Britain – strikes…”

Full Story on London Evening Standard

BBC: Hackers to the Honey 31-Jul-01 22:43:18 ET

Story Highlights:“A decoy computer network set up to record every attempt to crack it open and subvert it has revealed just how active and determined malicious hackers have become…”

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“Statistics gathered by the network show that computers connected to the web are scanned for weaknesses up to 14 times per day and that, on average, an attempt will be made to break into a net-connected computer every three days…”

Full Story on BBC

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