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NEWS - January 20, 2006

by roddy32 / January 20, 2006 4:21 AM PST
Computer crime costs $67 billion, FBI says
By Joris Evers, CNET News.com
Published on ZDNet News: January 19, 2006, 2:20 PM PT

Dealing with viruses, spyware, PC theft and other computer-related crimes costs U.S. businesses a staggering $67.2 billion a year, according to the FBI.

The FBI calculated the price tag by extrapolating results from a survey of 2,066 organizations. The survey, released Thursday, found that 1,324 respondents, or 64 percent, suffered a financial loss from computer security incidents over a 12-month period.

The average cost per company was more than $24,000, with the total cost reaching $32 million for those surveyed.

Often survey results can be skewed, because poll respondents are more likely to answer when they have experienced a problem. So, when extrapolating the survey results to estimate the national cost, the FBI reduced the estimated number of affected organizations from 64 percent to a more conservative 20 percent.

more here
http://news.zdnet.com/2100-1009_22-6028946.html?tag=zdnn.alert
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This week in Net crime
by roddy32 / January 20, 2006 4:30 AM PST

By Steven Musil
Staff Writer, CNET News.com
Published: January 20, 2006, 10:00 AM PST

Crime is big business on the Internet these days, and it seems to be getting bigger.

A popular advertising site came under a denial-of-service attack this week from blackmailers demanding a ransom. The Million Dollar Homepage site is battling a DoS onslaught that has escalated since it began last week, its owner said. The site, which successfully brought in $1 million by selling ad space for $1 per pixel, was launched by British student Alex Tew and gained notoriety for its unique approach to online advertising.

The blackmailers have demanded a ransom of $50,000, said Russell Weiss, vice president of technical services at InfoRelay, which operates the site. Tew and InfoRelay are working with the FBI on the case, Weiss added.

more here
http://news.com.com/This+week+in+Net+crime/2100-7349_3-6029150.html?tag=html.alert

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KDE flaws put Linux, Unix systems at risk
by roddy32 / January 20, 2006 4:33 AM PST

By Joris Evers, CNET News.com
Published on ZDNet News: January 20, 2006, 11:44 AM PT

A serious vulnerability has been found in the popular KDE open-source software bundle. The flaw, deemed "critical" by the research outfit the French Security Incident Response Team, could allow a remote attacker to gain control over vulnerable systems. KDE is a desktop software package for Linux and Unix systems and includes the Konqueror Web browser and other applications.

more here
http://news.zdnet.com/2110-1009_22-6029297.html?tag=zdnn.alert

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