Daily Cybercrime and Security Report

If you do business on the Internet, you cannot afford to be uninformed about the dangers and pitfalls that cybercrime poses. The following is a daily survey of the latest cybercrime news from around the world.

ZDNET UK: New Worm Wipes Company Data 15-Jan-01 09:55:05 ET

Story Highlights:“At least four European companies have reported catastrophic loss of data after a malevolent worm dubbed Little Davinia burrowed its way into their respective networks, according to antivirus firm Panda…”

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“Panda says the worm activates after tricking a victim into downloading an executable file through a Web page and overwrites all locally stored data as well as files on network drives. However, the page used as a launch pad for the worm…”

Full Story on PCWEEK

MSNBC: Tech Firms Team Up Against Hackers 16-Jan-01 06:24:07 ET

Story Highlights:“Some of the biggest names in technology, including bitter rivals Microsoft Corp. and Oracle Corp., are forming a private alliance to share sensitive information about cyber-attacks and vulnerabilities in their software and hardware products…”

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“‘The overriding goal is to protect ourselves from cyber-hazards, whether they be deliberate attempts or accidental events,’ said Guy Copeland of Computer Sciences Corp., a board member of the new center…”

Full Story on MSNBC

Computer User: Los Alamos Employee Denies Hacking 16-Jan-01 02:10:19 ET

Story Highlights:“Claiming he’s being used as a scapegoat, a 21-year-old computer whiz has reportedly denied hacking into six company Web sites before he was hired last year at the Los Alamos National Laboratory…”

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“Jerome Heckenkamp was charged following a routine FBI background check after being hired on at Los Alamos last June…”

Full Story on Computer User

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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