Network Security Roundup for November 5, 2003

E-Commerce Times: Microsoft Puts Price on Worm Writers’ Heads05-Nov-03 11:13 ET

Story Highlights:“Microsoft has set up a $5 million ‘reward fund’ to pay bounties to anyone who can track down writers of certain malicious code. Right now, the company is offering to pay two $250,000 bounties for information that leads to the capture and conviction of the authors of the SoBig and Blaster worms.”

Full Story on the E-Commerce Times

E-Commerce Times: Software Insecurity – Don’t Blame Microsoft05-Nov-03 7:01 ET

Story Highlights:“I’m an experienced software engineer, not a Microsoft apologist. Moreover, my company makes a living patching the holes in Microsoft operating systems. In a manner of speaking, their lemons are my lemonade. But the pile-on occurring in the press and the software community is neither justified nor smart.”

Full Story on the E-Commerce Times

Wired News: Setback for Financial Privacy05-Nov-03 5:00 ET

Story Highlights:“Federal lawmakers on Tuesday defeated an amendment offered by California’s senators which would have turned the state’s broad financial privacy protections into a national standard, instead backing weaker rules that would override state laws. California’s protections, passed after four years of contentious debate and a threat of a ballot initiative, likely will be superseded by federal law as the Senate moves to re-authorize and amend the Fair Credit Reporting Act this week.”

Full Story on Wired News

The Register: WorldPay Fights ‘Massive, Orchestrated’ Attack05-Nov-03 11:05 ET

Story Highlights:“WorldPay, the Royal Bank of Scotland’s Internet payment transaction outfit, is continuing to fight a sustained Internet attack which has left its services mostly unavailable for a second day. Since yesterday morning, WorldPay’s online payment and administration system has been reduced to a crawl due to a malicious DDoS attack by unidentified computer criminals.”

Full Story on The Register

BBC News: A Glimpse Inside the Virus Writer05-Nov-03 7:16 ET

Story Highlights:“When most people catch a computer virus it usually makes them much more diligent and update their anti-virus software more often. But when computer security researcher Sarah Gordon was hit by a virus it did not just make her worry about what was lurking in her inbox. It also spurred an interest in who would write such pernicious programs and why they would send them out on to the internet.”

Full Story on BBC News

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