FBI warns of Asian-specific telephone extortion scam

Cybercrime costs business $600m: report; Evolution of the CSO Security Alert NetworkWorld.com | Update Your Profile Sponsored by Actuate Meet Visualization Requirements with Ease Think beyond the current structure of a report and personalize it with Business Intelligence Reporting Tools (BIRT) Interactive Viewer. Register for this Live Webcast scheduled for Wednesday, July 15 at 2:00 p.m. EDT/11:00 a.m. PDT, to learn how. Meet data visualization requirements faster and with less development by making BIRT web output interactive. Spotlight Story FBI warns of Asian-specific telephone extortion scam The FBI today said it was warning what it called Asian business owners of a nationwide attempt to extort money via threats of violence over the phone. Offering very little detail, the FBI said the telephone calls appear to be originating from foreign countries. The caller acquires an adequate amount of open source information about the victim through Internet searches. This misleads the victim into believing the subject has personal knowledge about the victim. Read full story Related News: Spam drops 15 percent after FTC Pricewert takedown The U.S. Federal Trade Commission's recent takedown of an Internet service provider thought to be a safe haven for spammers has reduced spam volumes, but only by a little. Cybercrime costs business $600m: report Cybercrime is taking its toll on Australian businesses, costing them more than A$600 million according to the latest report from the Australian Institute of Criminology (AIC). Evolution of the CSO It's been almost 15 years since David Kent first came to Genzyme, a biotech firm headquartered in Cambridge, Mass., that develops medical treatments for ailments such as certain genetic diseases and some forms of cancer. In 1994, the company had less than $200 million in sales, and only about 1,000 employees-a stark contrast to its worldwide workforce of 11,000 today and the $4.6 billion in revenue it reported in 2008. State of the CSO: Security's Influence Grows; Will It Last? All things considered, the state of the CSO is quite good these days. While the economy is in the tank, CSOs report that security's stock is still rising. Upcoming Cisco Security Events Worth Noting With all of the free webinars, VoD, IP/TV, and forum sessions available on the web it can be hard to find what you're looking for. To that end I put together a list of some of the upcoming online security events that Cisco will be putting on in the next few months. The topics are wide ranging and the content varies from advanced to beginner and technical to marketing. Have a look and see if something catches your eye. • Email Security Events June Giveaways Cisco Subnet and Microsoft Subnet are giving away training from Global Knowledge to two lucky readers and 15 copies each of books on IPv6 security, the Cisco Secure Firewall Services Module, and Active Directory Domain Services 2008. Deadline for entries June 30. Network World on Twitter? You bet we are Windows 7 + Windows Server 2008 We found 5 things to love and 5 things to hate about Microsoft's latest operating system versions. Open-source management Here are nine management apps that won't break the bank. Yankee Group on Citrix Next Generation Load Balancing Most load balancing solutions were not built for today's IT infrastructure. Their focus on traffic management and outdated polling techniques does not solve application delivery problems. Attend this Webcast to hear Yankee Group's roadmap for load balancing, analysis on industry trends in the data center and recommendations for faster application delivery. Learn more.   June 11, 2009 TOP STORIES | MOST DUGG STORIES Google unveils plug-in to marry Outlook, Gmail 2009 top urban legends in IT security T-Mobile: Stolen network data genuine, but fear not World's most outrageous PC cases Fedora 11 released with new virtualization, software mgmt. tools New DoS attacks threaten wireless data networks T-Mobile net reportedly hit by hacker/extortion attack 10 things you didn't know about cyberwarfare Juniper claims first with 100G Ethernet Cisco losing share across the board: analyst Improve operational efficiencies with next-gen networks and services There has never been a better time for service providers to streamline operations, improve responsiveness and reduce costs. Find out in this white paper how all three can be accomplished with IBM Tivoli® Netcool® solutions. 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