[iwar] News
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Date: Tue, 11 Jul 2000 06:22:46 -0700 (PDT)
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Private eyes part of high-tech life
This spring, Betsy Blumenthal began to receive telephone
calls from worried executives and investors in some of the
dot-com companies that had been awash in venture capital
only months before. Now they have a different problem:
employees are abusing expense accounts, making improper
bank transfers, and even walking out with business
documents. It is another sign of the beginning of the end
for many dot-coms.
http://www.sjmercury.com/svtech/news/front/docs/spy070900.htm
Governing cyberspace
A study of cyberspace legal issues released by an American
Bar Association committee Monday suggested a multinational
commission needs to be created to set global Internet rules.
THE TWO-YEAR STUDY, which was released at the ABA=92s annual
meeting in New York, examined a range of topics including
consumer protection, privacy, banking, securities, taxes
and gaming. The report also reviewed how regulatory agencies
in the United States and abroad must change to adapt to a
new world of electronic commerce that is not dependent on
physical location.
http://www.msnbc.com/news/431201.asp
Some fear Internet is becoming a 'virtual gun show'
The Internet is becoming a gun owner's dream market.
Hundreds of sites offer everything from custom holsters to
Colt revolvers -- many at discount prices. No driving to a
store. No trade show fee. Unbelievable selection. While gun
collectors and dealers hail this new branch of e-commerce,
it's making gun control groups increasingly nervous.
"Basically, the Internet is becoming a virtual gun show,"
said Kristen Rand, director of federal policy for the
Violence Policy Center, a group that supports gun control.
Rand said the Web is creating a national market that
facilitates interstate gun sales. This defies "the bedrock
of gun regulation in America," which is to keep sales within
each state in an effort to control distribution and access,
she said.
http://www.startribune.com/viewers/qview/cgi/qview.cgi?template=3Dtech_a&slugtech09
Government sues Toysmart.com for privacy violations
Government regulators filed suit Monday against a failed
online toy retailer to prevent the sale of its customer
database, a move that they said violates the company's
own privacy policy. The Federal Trade Commission said in
its complaint that Toysmart.com Inc., a Waltham, Mass.
based Internet firm which ceased operations in May,
misrepresented itself when it tried to sell confidential,
personal information collected from its customers.
http://www.mercurycenter.com/svtech/news/breaking/merc/docs/014882.htm
Data protection agreement at risk
The European Parliament last week threatened to upset
the delicate accord reached with the US that governs how
companies may share personal data. In a close vote the
parliament approved a highly critical report on the US
safe-harbour system of self-regulation and said it would
ask EU officials to reopen negotiations. Among the
parliament's demands are that firms should be forced to
pay compensation for any damage resulting from a violation
of the agreement.
http://www.zdnet.co.uk/news/2000/27/ns-16501.html
UK Government claims no mass surveillance
The government moves to reassure ISPs that mass surveillance
is not on the RIP agenda as the bill suffers another setback
this week. It follows news that ISP Poptel intends to move
abroad if the government's snooping bill becomes law, claiming
that it would not be able to guarantee its clients -- which
includes the TUC and trade unions -- email confidentiality.
http://www.zdnet.co.uk/news/2000/27/ns-16523.html
US May Announce New Encryption Rules This Week
The Clinton administration is set to present new
regulations for the export of encryption products, an
announcement that could come as early as Tuesday, a senior
administration official said today. Following closely on
the heels of the European Union's relaxing of export and
encryption controls, William Reinsch, head of the Commerce
Department's Bureau of Export Administration (BXA) said
today that the US was prepared to announce similar
regulations in an effort to keep US companies competitive
with foreign manufacturers.
http://www.newsbytes.com/pubNews/00/151848.html
Study Finds Computer Viruses and Hacking Take $1.6 Trillion
Toll on Worldwide Economy
The explosion of computer viruses -- ranging from Melissa
last fall to the Love Bug this spring to other potent software
toxins ranging from Timonfonica to the Kak Worm to Gnutella
Worm -- will cost businesses around the globe more than $1.5
trillion this year, according to a just-released study.
http://news.excite.com/news/pr/000707/ny-study-viruses
Report says $1 billion to be spent coping with emails, Net
Protecting Internet content has unleashed a business whose
value will rise to $952 million in 2004 from $66 million
last year, market researchers International Data Corp
(IDC) consulting said on Monday. ``This... is driven by a
need for organisations to protect themselves from damage
to their intellectual property, corrupted data, loss of
productivity and exposure to legal liability as the volume
of email and Internet traffic increases,'' IDC said.
http://www.mercurycenter.com/svtech/news/breaking/merc/docs/025471.htm
'Magnificent breasts' get pulled by content security firm
Email monitoring is set to be the next cyber cash-cow,
according to a report out today. It may sound slightly Big
Brotherish, but more and more companies are latching onto
the idea of monitoring staff email to stop unwanted or
dangerous data from entering or exiting their cyberwalls.
IDC has forcasted that the worldwide market for content
security will reach $952 million in 2004, compared to the
paltry $66 million that was generated last year. Content
security covers items such as attachments, .exe files,
viruses, porn or spam sent via the Net or email. Products
allow firms to scan traffic for excessive file size,
corrupted data, or words and phrases that may cause offence
- such as profanities, porn, or racist or sexist remarks.
http://www.theregister.co.uk/content/6/11849.html
Businesses consider 'hacking insurance'
Security monitoring service Counterpane Internet Security
Inc. announced Monday that it has teamed up with insurance
house Lloyd's of London to offer Counterpane customers
insurance against loss of revenue and valuable data due
to network security breaches. After February's high-profile
denial-of-service attacks and May's epidemic of the ILOVEYOU
virus, businesses want more than good security, said Bruce
Schneier, chief technology officer of Counterpane. "The
future of security will be driven not by technology, but by
insurance," he said, adding that e-commerce companies "don't
have to prevent hacking; they have to manage their risk."
http://www.zdnet.com/zdnn/stories/news/0,4586,2600511,00.html
http://news.cnet.com/news/0-1005-200-2232221.html
Magnifier May Crack Crimes, Crashes
Presidencies have teetered because of information captured
on audiotapes. Tape-recorded evidence of Richard Nixon's
Watergate misdeeds led to his 1974 resignation. More recently,
information gathered secretly on tapes in the Monica Lewinsky
scandal almost unseated President Clinton. A device under
development by government scientists in Colorado may soon
help investigators both judge the authenticity of
magnetically recorded evidence and glean information from
magnetic media that have been damaged=97intentionally or
otherwise.
http://www.sciencenews.org/20000708/fob1.asp
How a cracker defeated 'Hackopen'
Seven days after the start of our Openhack security competition
at www.openhack.com, we've had our first successful crack, of
the e-commerce storefront. The rest of the site, including the
Web server, mail server and database, is still secure and remains
a target of attack. On July 3, Austrian hacker Alexander Lazic
penetrated our e-commerce storefront package, Akopia Inc.'s Mini
Vend, by finding and exploiting two previously unknown application
security holes.
http://www3.zdnet.com/zdnn/stories/news/0,4586,2600258,00.html
On threats to the online marketplace
Jeffery Hunker, a senior director at the National Security
Council's Office of Transnational Threats, recently attended
a Washington, D.C., workshop on business-to-business
marketplaces to warn executives about the ``dirty little
secret'' of e-business. Hunker warned that most of the
hardware and software used to build the New Economy is not
designed to withstand hostile attacks or intrusions.
http://www.mercurycenter.com/svtech/news/front/docs/qa071000.htm
U.N. agency broadens fight against cybersquatters
Cybersquatters beware. The World Intellectual Property
Organisation is launching a new offensive against people
who try to hijack Internet addresses. While efforts have
so far focused on the misleading use of trademarks in
domain names, WIPO said on Friday it would start
consultations on protecting other intellectual property
rights such as trade and personal names and geographic
regions.
http://www.mercurycenter.com/svtech/news/breaking/merc/docs/021464.htm
Ireland Joins E-Sig Craze
Following closely on the tail of the United States, Ireland
became the second country to use a digital signature to sign
its electronic commerce and digital signature act. Irish
President Mary McAleese placed her digital signature on the
bill in a ceremony on Monday at Aras an Uachtarain (Gaelic
for House of the President), the early 19th century
presidential mansion where a small laptop replaced the quill
pens, ink, and parchment of previous centuries.
http://www.wired.com/news/politics/0,1283,37489,00.html
Bogus Web postings bite analyst
Ashok Kumar, who covers technology stocks for US Bancorp
Piper Jaffray, is one of the most candid analysts quoted on
the Web. Problem is, he is not the one behind the colorful
comments. Kumar is a victim of bogus Internet postings that
falsely quote him as saying the most ridiculous things. Kumar
on Friday morning supposedly revealed a Wall Street tradition
of analyst fraud when he was "quoted" in a story that ran on
Yahoo!'s Web site and financial Internet site RagingBull.com.
"If analysts got arrested every time we intentionally
manipulated the price of a stock, we'd all be in jail!" Kumar
was quoted as saying on the Web sites. "Saying that analysts
are low-life criminals is a bit of a reality stretch -- don't
you think?"
http://www.zdnet.co.uk/news/2000/27/ns-16503.html
Generalizing Ethics in an Information-based Society
Recently a friend posed an interesting problem to me,
a problem that he has been struggling with for quite some
time. Management, in their infinite wisdom, had assigned
him the formidable task of coming up with a code of ethics
that the staff must follow for all computer usage.
http://www.securityportal.com/cover/coverstory20000710.html
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