Sharon Gaudin

With a 50% reduction in high-tech job cuts from this time last year, one industry observer says it looks like the worst is over. Technology-related job losses have taken a big dive. There were 47,998 job cuts announced for the third-quarter of this year, bringing the 2003 total so far to 145,997, according to a […]

Virus writers are reportedly sharing code online that will help them break into computers and could lead to the creation of another Blaster-like worm, according to security experts. The exploit code, which is making its rounds in the black-hat hacker underground, is the source code that a programmer would use to create an administrative account […]

Thanks to the havoc that Sobig-F and the Blaster worms wreaked a few weeks ago, August reportedly has gone down as the worst month in digital history for virus attacks. Last month, viruses, along with overt and covert hacker attacks, caused $32.8 billion in economic damages, according to a new report from mi2g, a digital […]

The Sobig.f worm that continues to bedevil computer networks around the globe is poised to unleash a new phase of its havoc between 3:00 PM and 6:00 PM Eastern Standard Time on Friday, security experts warned, even though they may have already blunted its intended effect. Security firm F-Secure Corporation warned on Friday that the […]

Sobig-F, which has been causing chaos on corporate networks the past three days, is now being called the fastest spreading virus in the industry’s history. ”It was a carpet bombing,” says Chris Belthoff, a senior security analyst with Lynfield, Mass.-based Sophos Inc., an anti-virus company. ”We’re judging this to be the fastest spreading worm ever, […]

The latest variant of the Sobig worm is hammering corporate networks, crashing email servers, staggering Internet traffic and accounting for 70 percent of all email today, according to security analysts. They also say Sobig-F, which was first detected Monday afternoon, is topping off what is being called the worst worm week in history. “This is […]

The Sobig worm has a new addition to its malicious family. Sobig-F is the latest variant of the Sobig worm to be detected spreading rapidly throughout the wild. The newest variant was first detected Monday, Aug. 18 and appears to have originated in the United States, according to analysts from MessageLabs, Inc., an anti-virus company […]

Techies at Microsoft Corp. have been working double time this week trying to make sure that customers can still get to needed software patches despite the coming of the Blaster worm’s Distributed Denial-of-Service (DDoS) attack. The attack, which is expected to start tonight, is aimed at Microsoft’s windowsupdate.com Web site — the site users have […]

Web site errors are driving off customers and losing companies big money, according to a new study. The majority of the Internet’s biggest retailers are suffering from undetected Web site problems that are costing them an average of $275 in sales per shopper. That’s the results of a recent study done by the Business Internet […]

A new study shows that software piracy is on the decline in the United States, but it remains a problem that is dragging on the economy and costing jobs. The U.S. piracy rate dropped two points from 2001, going from 25 percent to 23 percent, according to a new report from the Business Software Alliance […]

As U.S. workers got to the office this morning and opened their email, they unleashed a new mass-mailing worm that is fiercely spreading across the United States and Europe. Mimail is a worm that takes advantage of a vulnerability in Microsoft Corp.’s Windows Explorer to harvest email addresses and propagate itself. The worm arrives disguised […]

The security industry is on alert that an upswing in hacker activity could be signaling the coming of a broad-scale attack that could potentially affect millions of networks. The increased hacker activity is pinpointing a vulnerability in Microsoft Corp.’s Windows operating system. A problem with the Windows RPC Interface Buffer Overrun was first disclosed on […]