Daily Cybercrime and Security Report for July 6, 2001

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

CNN: Gates’s Viagra Hacker Sentenced 06-Jul-01 08:14:20 ET

Story Highlights:“A teenage hacker who used computer billionaire Bill Gates’s credit card details to send him Viagra tablets has escaped a prison sentence…”

* * *

“Raphael Gray, 19, styled himself as a ‘saint of e-commerce,’ as he hacked into U.S., British and Canadian companies during a ‘crusade’ to expose holes in Internet security…”

Full Story on CNN

The Register: ‘Bill Gates’ Cracker Escapes Jail 06-Jul-01 08:01:08 ET

Story Highlights:“A Welsh cracker whose ‘campaign’ to expose the insecurity of ecommerce sites led to an FBI investigation has escaped jail…”

* * *

“19 year-old Raphael Gray was sentenced to a psychiatric and community service rehabilitation order of three years, in a hearing before Judge Gareth Davies at Swansea Crown Court today…”

Full Story on The Register

Newsbytes: Australian Financial Information Service Hacked 06-Jul-01 07:09:17 ET

Story Highlights:“Australian stock market information provider Online Trading Systems confirmed on Thursday its servers have been targeted by hackers…”

* * *

“The attacks have had serious adverse effects on the company, which provides real-time stock market information and online trading…”

Full Story on Newsbytes

The Register: Max Vision Begins 18-month Term 05-Jul-01 16:20:38 ET

Story Highlights:“Computer security consultant and confessed cyber intruder Max Butler will serve out his 18-month prison term at the privately run Taft Correctional Institution in central California…”

* * *

“Butler, known as ‘Max Vision’ to friends and associates, pleaded guilty last September to launching an automated intrusion program that cracked hundreds of military and defense contractor computers over a few days in 1998…”

Full Story on The Register

The Register: Government, Military Scramble for Encryption Technology 04-Jul-01 15:03:08 ET

Story Highlights:“The government and military are investing more heavily in encryption technology as a defence against hackers who are beginning to deploy more sophisticated cracking techniques…”

* * *

“That’s the conclusion of a study by industry analysts Frost & Sullivan who said sales of encryption technologies to military and government agencies, along with contractors, are growing from $176 million to a projected $457.6 million by 2007…”

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.

Leave a Comment

Please sign in to post or reply to a comment. New users create a free account.

More by Elizabeth Blakey
More in Cybercrime

E-commerce Times Channels