Cyber-criminals Use P2P Tools for Identity Theft, Security Analyst Warns

Iria · Jun 24, 2006, 12:01 AM

Source: eWeek
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EAST PALO ALTO, Calif.—Cyber-criminals are multiplying quickly and becoming more sophisticated in the ways in which they take advantage of unwitting Internet individual users and companies, a nationally recognized cyber-security specialist told an SD Forum seminar audience June 22.

And peer-to-peer networks such as Limewire, Kazaa, Grokster and others aren't helping to quell the increase in crimes committed via the Internet, he said.

"It used to be only burglaries from people's homes and businesses," said Howard Schmidt, a former cyber-security adviser to the Bush administration, former chief information security officer at Microsoft and eBay, and now a principal in R&H Security Consulting in Issaquah, Wash.

"Those still happen, of course, but now, it's so much more lucrative to break into people's online information and steal someone's identity, that a lot of bad people around the world are spending an awful lot of time learning to do it."

Jun 24, 2006, 12:01 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 74	Cyber-criminals Use P2P Tools for Identity Theft, Security Analyst Warns Source: eWeek ___________ EAST PALO ALTO, Calif.—Cyber-criminals are multiplying quickly and becoming more sophisticated in the ways in which they take advantage of unwitting Internet individual users and companies, a nationally recognized cyber-security specialist told an SD Forum seminar audience June 22. And peer-to-peer networks such as Limewire, Kazaa, Grokster and others aren't helping to quell the increase in crimes committed via the Internet, he said. "It used to be only burglaries from people's homes and businesses," said Howard Schmidt, a former cyber-security adviser to the Bush administration, former chief information security officer at Microsoft and eBay, and now a principal in R&H Security Consulting in Issaquah, Wash. "Those still happen, of course, but now, it's so much more lucrative to break into people's online information and steal someone's identity, that a lot of bad people around the world are spending an awful lot of time learning to do it."