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March 8, 2001 |
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SAN FRANCISCO – The
FBI and other law enforcement officers are warning businesses about an
ongoing series of Internet extortion schemes operating from the former
Soviet Union that have so far broken into the computers of more than 40
businesses in 20 states, stealing information about millions of credit
cards as well as other consumer data.
But independent security experts, while describing the problem as a
real one, privately questioned whether the attacks being described were
new ones.
The hackers are believed to live in Russia and the Ukraine, and are
attacking companies with operations on the Web, including many banks, say
several people with knowledge of the investigation. Once information from
the computers is stolen, the businesses owning the machines are
blackmailed into paying money to keep the attacks from happening again.
Some companies are said to have paid hundreds of thousands of dollars to
the hackers, often in the guise of hiring them as security consultants. In
some cases, investigators believe that even after payments are made,
credit card data was sold to organized crime figures.
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Source: http://www.thestandard.com/article/display/0,1151,22721,00.html
Cybersister's Comment
This is another security wake-up call for those of you who may be running (or investing in) e-commerce businesses. If the site isn't secure, you may have a major liability waiting to happen. Now, I am a believer in the advantages and viability of e-commerce, but that doesn't mean that there aren't risks attached to it. Would you leave your office doors unlocked or not install a security system to protect valuable equipment? The same logic applies to computer security. There are good security products and services out there, so it may be time to invest in some.


Leading wireless service provider NTT DoCoMo said it had signed up 20 million users for its i-mode mobile Internet service.
NTT DoCoMo, which plans to launch i-mode in Europe later this year, will use the platform as the base for its future high-capacity wireless Internet services.
Source: www.allnetdevices.com
CyberSister's Comment
Very interesting to note the differences in how and when industrialized, high-tech countries are adapting to technology. In the US & Canada, the wireless Internet is just slowly catching on, but in Japan there are already more than 31 million users.
I guess we can see why Palm is inking deals in Japan left right and centre to see its PDA units become the wireless Net access devices of choice. In the States, it seems to be facing stiff competition from Microsoft's PocketPC device, but has adapted a different strategy in different parts of the world. That's global, new economy type thinking.
I think wireless will eventually catch on just as quickly in North America, but it will still take a long time to catch up to the kind of numbers/percentages already in Japan. Smart companies see opportunities elsewhere and adapt to the market they're in, instead of hoping everyone will just adapt to their way of doing things.

Top Women on the
Web!
In honour of International
Women's Day (March 8, 2001), we thought we'd provide a link to an article
talking about the 'top women on the web', singled out for their
achievements and contributions to the Internet.
The awards were given out by the San Francisco Women on the Web group. The group included a wide array of tech positions, ensuring that some women's extraordinary efforts within the community weren't ignored in favor of the high-rung exec positions typically covered in the media.
Way to go from the CyberSisters!
Source: http://www.upside.com/Ebiz/38e39e440.html

Great stuff here! I really enjoyed its insights into management, leadership and risk taking. I found our "quote of the day" in the "cluetrain manifesto" article. Their tag line is "brain food for business" - every once and a while I think I need a little brain food, and I found some here.

Investigative journalist Adam Pennenberg, author of a book on industrial espionage, said yesterday that he has found clues that prove Kamen is working on a Stirling engine, a device that engineers have been trying to perfect for more than a century.
If Kamen, a well-respected inventor, has made a technical breakthrough that would allow him to create small, relatively inexpensive Stirling engines, engineers said, the effects would be far-reaching. In theory, every home could generate its own cheap power with a device the size of an air conditioner that uses natural gas, drastically cutting down on the waste inherent in the electric grid.
An advanced Stirling engine could have wide applications and could literally change how humans use power - bringing its inventor incredible riches.
Source: Boston Globe
Cybersister's Comment

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