Microsoft to offer bounty on hackers

Wednesday, 5 November 2003, 11:16 AM EST

The two programs attacked computers that run Microsoft's Windows operating system, causing havoc among companies and home users in August and September. The reward, confirmed by sources in both the security industry and in law enforcement, will be announced in a joint press conference with the FBI, the U.S. Secret Service and Interpol that's scheduled for 10 a.m. EST Wednesday.

The rewards are the first time a company has offered money for information about the identity of the cybercriminals.

"It's a new approach," said Chris Wysopal, a security researcher from digital security company @stake, who hadn't known about the bounties and was skeptical that they would work. "I don't think anyone has done this before."

[ Read more ]

Related items




Spotlight

More than a third of employees would sell company data

35 percent of employees would sell information on company patents, financial records and customer credit card details if the price was right. This illustrates the growing importance for organizations to deploy data loss prevention strategies.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Fri, Jul 31st
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //