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TulipTools Internet Business Owners and Online Sellers Community › Security › Internet Security › General Internet Security Discussion v
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Scammers find new commodity to auction off: system and software vulnerabilities

  
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Scammers find new commodity to auction off: system and software vulnerabilities
07-15-2006, 08:08 AM,
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mandy Offline
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Scammers find new commodity to auction off: system and software vulnerabilities
Quote:Online scammers turned entrepreneurs have found a new commodity to auction off: system and software vulnerabilities.

Here's how it works: Tech savvy cyber crooks identify bugs or vulnerabilities in software applications. Then - instead sharing these findings with the vendor so a patch can be developed - they auction it off online to buyers, many of whom are willing to pay top dollar for this information.

"The name of the game is money," says a study on malware distribution evolution released recently...

"While it may be against the law to propagate viruses, or steal private information, it is not illegal to publish or sell vulnerability information,"...

full article: http://www.pcworld.ca/news/article/6ccdb...49/pg0.htm
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07-15-2006, 11:55 PM,
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misteroriginal Offline
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Re: Scammers find new commodity to auction off: system and software vulnerabilities
This is an excellent idea! The software companies should be paying people who find bugs, but they don't. So, sell it to ther competition! I love this market system thing!
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07-16-2006, 04:55 AM,
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rose Offline
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Re: Scammers find new commodity to auction off: system and software vulnerabilities
The software makers should make an effort to fix bugs that are reported to them.  How many reported Windows bugs are still waiting for a fix?
http://www.gentoo.org/
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07-16-2006, 04:59 AM,
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misteroriginal Offline
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Re: Scammers find new commodity to auction off: system and software vulnerabilit
Don't worry. Vista will fix all that.
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07-16-2006, 06:25 AM,
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regic Offline
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Re: Scammers find new commodity to auction off: system and software vulnerabilities
From last December:

eBay pulls Excel vulnerability auction
http://community.tuliptools.com/index.ph...657.0.html
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