Daily CyberCrime and Security Report for May 14, 2002

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

The Register: Argentine Judges Want Law Update After Crackers Walk Free 13-May-02 11:20:42 ET

Story Highlights:“Argentina’s top judges are calling for an update in the country’s laws on computer crime after the collapse of a trial involving crackers who allegedly defaced the country’s Supreme Court Web site…”

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“Last month, Argentine Federal Judge Sergio Torres threw out the case of a group of defacers, called the X-Team, who were suspected of altering the Web site as part of a protest over the ‘cover-up’ by judges of the murder of magazine journalist Jose Luis Cabezas…”

Full Story on The Register

Ananova: Cyber Crime ‘Costing Companies Millions’ 13-May-02 06:51:47 ET

Story Highlights:“Firms are being urged to step up defences against hi-tech crime amid fears more businesses face closure because of heavy losses…”

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“The British Chambers of Commerce warns credit card fraud, viruses and various forms of hacking are costing companies millions of pounds a year…”

Full Story on Ananova

The Register: Crackers Deface Ferrari 13-May-02 11:52:41 ET

Story Highlights:“Defacers turned motor sport fans yesterday in a protest against the controversial decision to gift Michael Schumacher victory at the Austrian Grand Prix….”

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“Ferrari-group.com was defaced by a group called S4t4n1c_Souls after the race with a profane message criticising Ferrari’s management for ordering Rubens Barichello, who dominated the race, the make way for Schumacher on the last corner, handing him an undeserved victory…”

Full Story on The Register

Washtech.com: Two Virginia Universities To Join Forces Against Cybercrime 13-May-02 17:58:38 ET

Story Highlights:“Two Virginia schools on Tuesday will launch a $6.5 million project to help sort out the myriad legal, technical and policy challenges involved in steeling the nation’s most vital computer systems against cyber-attack…”

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“The Critical Infrastructure Protection Project – to be housed at the George Mason School of Law in Arlington – is a collaborative effort between GMU’s National Center for Technology and Law and researchers and academicians at James Madison University…”

Full Story on Washtech.com

ZDNET: War on Cybercrime — We’re Losing 14-May-02 05:50:12 ET

Story Highlights:“The nightmare for Ecount, an online gift certificate service, began last year when a hacker broke in to the company’s system and stole personal information belonging to its customers…”

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“Nine months later, the criminal is still at large. The thief has brazenly taunted executives with repeated e-mails while staying ahead of investigators, deftly wiping away his electronic fingerprints and covering his tracks at every turn…”

Full Story on ZDNET

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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