London police to form intelligence cell with companies

London police to form intelligence cell with companies

CFS April04.qxd 07/04/2004 12:30 Page 1 (Black plate) April 2004 London Police to form intelligence cell with companies Security for profit — 4 ...

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CFS April04.qxd

07/04/2004

12:30

Page 1

(Black plate)

April 2004

London Police to form intelligence cell with companies Security for profit — 4 Domain security — 17

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Contents Analysis London police to form intelligence cell with companies 1

The London Metropolitan police is setting up a covert unit with corporations to share intelligence about cybercrime. Speaking at the Computer & Internet Crime event in London recently Assistant Commisioner Tarique Ghaffur, head of the Specialist Crime Directorate at the Met said that a better way to quantify the costs of computer crime has to be found. "We will be setting up a covert intelligence cell with industry where information about losses is shared," he said. "Industry doesn't want to share losses, they prefer to sack people," said Ghaffur. This is only a stop gap as sacked offenders will continue to swindle other companies, warned the Assistant Commissioner.

He confirmed that the Met sees examples of habitual offending. "We have seen several examples of infiltration and attacks in banking." And the profile of hackers is changing, "they are more mature, and likely to work in IT these days," he said. So far the Met has some high profile cases under its belt; bringing cases against hackers such as Caffrey, McIllroy and Vallor. Police need information, said DI Clive Blake at the same event. "Disruption" of criminal activities is an alternative approach, that can be pursued rather than prosecution if necessary.

Firewall worm debuts new risks

1

UK post office links to ATM network with Thales’ encryption technology 2 Netsky & Bagle dominate virus top 10 in March 2 Nigerian fraudster jailed

3

EC called on to protect outsourced data 3

News In Brief

2,3

Profitable security Computer security for fun and profit 4

End-user security Using security: easier said than done

6

Phishing The future of phishing

11

Firewall worm debuts new risks A network worm, Witty, that exploits security vendors' Internet Security Systems firewall software has demonstrated a new turning point in malware malevolence warns an Internet analysis group.

Audit

The Cooperative Association for Internet Data Analysis (CAIDA) is concerned about haw rapidly the Witty worm was unleashed after disclosure of the exploited vulnerability. Witty is the fastest emerging worm ever according to CAIDA.

ID Theft

The worm emerged less than two days after the vulnerability was disclosed. It exploits a buffer overflow flaw in ISS RealSecure and BlackICE. Colleen Shannon at CAIDA said, "As the payload of worms is published, more information

The transmutation of GIGO and the cult of assumption 12

Identity theft

14

Getting the Whole Picture Policy domain mapping

17

Events

20