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Dragging the Net for Cyber Criminals
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BBC News Online today reported about a novel spam-fighting approach, which uses DNA-style analysis to target spam. The BBC said "computational biologists at IBM's TJ Watson Research Center have devised an anti-spam filter based on the way scientists analyse genetic sequences. Called after Feng Shui character Chung-Kwei, the formula automatically learns patterns of spam vocabulary and has proved to be 96.5 percent efficient. In tests, the filter only misidentified one message in 6,000 as spam."
BBC News Online: 'DNA Analysis' Spots E-mail Spam
While spam continues to be a thorn in the side of Internet users, phishing attacks are growing in popularity too. Just last week, two of Germany's largest banks were hit, IDG News Service reported. "Until recently, most phishing attacks have been aimed at customers of banks in English-speaking countries. ... But 'over the past few weeks, we've seen a shift to countries like Brazil and now Germany,' said Mikko Hypponen, director of antivirus research at F-Secure Corp. in Helsinki, Finland," the article said.
IDG News Service via Computerworld: Big German Banks Hit By Phishing Attacks
The Courier-Journal of Louisville, Ky., reported today that phishing attacks "are growing about 52 percent a month, according to the latest report from the AntiPhishing Working Group, an informal organization that includes computer security companies, banks and law-enforcement agencies. It said there were 1,422 unique attacks in June and that 92 percent relied on e-mail. The most-targeted companies in June, it found, were Citibank, eBay, U.S. Bank and PayPal. Attacks also were reported involving Bank One and BB&T"
The Courier-Journal: Phishing Scams Spread on Internet
Disconnect for Phone Industry
Phone service and other technology innovations by cable, wireless and Internet players are hurting traditional phone company business, the Wall Street Journal reported in a front-page article today. For example, "[Verizon Communication Inc.'s] traditional phone lines are down by 9 million, or 16 percent, since the end of 2000, according to research firm Precursor Group," the article said. "Across the nation, the business models that have worked for decades for Verizon and other phone giants are showing signs of unraveling. The cable industry's push into the phone business and a torrent of innovations such as Internet calling and advanced wireless technology are threatening the foundations of the nation's $300 billion telecom industry."
The Wall Street Journal: Phone Industry Faces Upheaval as Ways of Calling Change Fast (Subscription required)
The International Herald Tribune ran its own telecom trend piece today, focusing on the growth of international telecom business on the heels of trouble with U.S. telecom companies. An excerpt: "Billions of dollars worth of global telecommunications networks bought or built under U.S. direction and used to transport much of the world's Internet traffic now belong to Chinese, Indian and other non-U.S. companies that snapped them up for a small fraction of their original cost less than four years after the telecom bubble burst," the article said. "The shift in the balance of power has both political and economic consequences. For one, the international components of a nation's communications infrastructure, considered a strategic and defensive holding, may now be controlled by those who don't share the nation's interests. But another consequence is that such diversification of ownership contributes to competition and thus helps keep prices down."
International Herald Tribune: U.S. Telecom Pain Is World's Gain
Getting the FCC's Attention
In more telecom news, Verizon and Qwest Communications International Inc. want the FCC on their side. They "have asked a federal court to throw out a set of temporary regulations banning giant regional phone companies from raising the wholesale rates they charge competitors for at least six months. The legal action comes after the Federal Communications Commission issued the temporary rate freeze on Friday. The rivals, including AT&T Corp. and MCI Inc., have no local network of their own and depend on the regulated rates to offer their own brand of local phone service," The Washington Post reported. The Financial Times picked up on a telling quote from the Baby Bells, from their filing: "It is simply inexcusable for the FCC to flout a binding judicial determination yet again, and to extend those never-lawful requirements for nearly another year," the companies said.
The Washington Post: Verizon, Qwest Seek to Overturn FCC Rate Freeze (Registration required)
Financial Times: Verizon and Qwest Ask Court to Block FCC Rules
Search Satisfaction Getting More Hits
Researchers have found that Americans are happier with search engines and news sites, according to a Dow Jones Newswires article on a University of Michigan study. "Search engines led the pack in customer satisfaction, with Google Inc. scoring 82 out of 100 on the American Customer Satisfaction Index, a national economic indicator of customer evaluations of the quality of products and services, which is updated quarterly. Satisfaction for the e-business category, which includes search engines, portals and news sites, rose to 72.5 from 71.4 last year but the score is still lower than the Index's cross-industry average of 74.4."
Dow Jones Newswires via The Wall Street Journal: Attitudes Improve Toward Search Engines, News Sites (Subscription required)
EU After Microsoft Again
Microsoft can't catch a break with antitrust regulators across the pond. "The European Commission on Wednesday launched an in-depth investigation of plans by Microsoft Corp. and Time Warner Inc. to acquire joint control of ... ContentGuard Holdings Inc.," Reuters reported. The wire service said the deal evenly splits ownership of the U.S. technology company, which protects digital files from illegal copying. "The European Union executive [body], which regulates mergers and takeovers, said a preliminary review had revealed that the deal could create or boost a dominant position by Microsoft in the market for so-called Digital Rights Management," the article said. The Associated Press also reported the news, noting the "world's largest software company and the world's biggest media concern aim to develop new industry standards in the rapidly expanding market for Internet distribution of electronic media. Other partners include Japanese giant Sony Corp., but they also face industry pressure to make any Microsoft-backed standards compatible with as many devices and online stores as possible."
Reuters: EU Probes Microsoft/Time Warner Venture
The Associated Press: Microsoft-Time Warner Deal Faces In-Depth EU Review
