Security Newsbites

--Bagle Worm
(19/20 January 2004)
The Bagle worm arrives as an attachment, and uses its own SMTP engine
to send itself to addresses it finds on the hard drive. Machines become
infected after users open and run the attachment; it also installs a
back door on infected machines. It is designed to stop spreading on
January 28, 2004.


--Malware Responsible for $55 Billion in Losses Worldwide
(16 January 2004)
Businesses worldwide lost an estimated $55 billion due to computer worms
in 2003, according to Trend Micro. Losses in 2002 were between $20 and
$30 billion, up from $13 billion in 2001. Trend Micro predicts that
figure will increase again in 2004; the company also believes that
blended threats will continue to be the attack of choice.


--Securing Networks from Remote User Threats
(19 January 2004)
Advice on securing networks from threats posed by remote users. Includes
defining who should be able to access what, setting rules to enforce
those decisions, and protecting data in transit with VPN encryption.
http://www.computerworld.com/printthis/2004/0,4814,89121,00.html