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news threat only applies to patrons of Gnutella. 'Magistr' worm shows no justice The Kriz worm of 1999 has been reincarnated as a worm/virus half-breed. Its name is W32.Magistr and although it will not charm users into opening it — unlike the prolific Naked Wife or Anna Kournikova threats — when launched it packs a hefty punch. And it is in the wild now. Magistr can infect via an E-mail attachment or through shared resources on a LAN. It spreads by collecting all of the E-mail addresses on a system — Outlook, Netscape Messenger or Internet Mail and News — and carries its own STMP han- dler to send itself out to all of these addresses. It can overwrite all of the files on a hard drive — with an abu- sive string — erase the CMOS, and destructively flash the BIOS, rendering an affected machine useless. Eric Chien at Symantec explained, "It is a polymorphic virus which can infect through E-mail and over the network. If you are infected with this virus, your computer is toast." However, once a machine is incapacitated, then it cannot spread the virus. This might explain why MessageLabs has intercepted only a handful of copies of the virus thus far — that's 350 times fewer than Anna Kournikova in the equivalent period. Magistr is moving slowly but striking hard. The worm is a 30KB attach- ment written in assembly code. The infecting E-mail can have any one of a selection of court-related subject fields — in English, Spanish or French. It contains the ‘copy- right’ message: “ARF! ARF! I GOT YOU! v1rus: Judges Disemboweler. by: The Judges Disemboweler. writen in Malmo (Sweden).” Steve Woollard at Utimaco neatly summed Magistr up as a symptom of the “seemingly inevitable rise of the poly- morph”. He suggests that just telling users not to click on attachments is simply not work- ing, and that sandboxing might be a more appropriate solution. Conversely, Graham Cluley from AV vendor Sophos claims that the incident strengthens the argument for practicing “safe computing”, whereby you do not open unexpected E-mails that appear to be suspect (this is also known as common sense), whilst ensuring that your anti- virus protection is kept up-to- date. He also recommends that companies block all EXE files at gateway level. Magistr is causing consterna- tion amongst the anti-virus ven- dors. Kaspersky Labs has called it “extremely dangerous”, Symantec says it is “extremely destructive”, but Trend Micro has classified it as low risk. The most comprehensive tech- nical appraisal of Magistr is at www.kaspersky.com. Schlumberger buys into wireless market Schlumberger has strength- ened its position in the wireless space with the acqui- sition of mobile Internet company PCS Innovations (PCSI). PCSI’s messaging gateway, MobileMAGIC, allows various mobile devices to communicate regardless of the protocol or standard running. It uses PKI technology to secure communi- cations and Schlumberger will integrate this functionality into its SIM card. The step was motivated by a need for “an edge in the coming third-generation wireless data market,” said Stephane Legentil from the wireless services division at Schlumberger. Contactless smart cards showcased at CeBIT OTI and Funge Systems have made a strategic alliance, teaming up to create contact- less smart cards to facilitate M-commerce transactions. The technology was demon- strated for the first time at the CeBIT trade show in Hanover. The contactless technology requires a plug-in, in the form of a patented attachment, which can be applied to an existing mobile phone. The consumer uses the embedded smart card to download funds over the existing GSM network, and then is immediately able to make a transaction with a wireless point of sale (POS). Funds are then deducted from the balance on the phone. Most enabling applications for M-commerce require a plethora of phone calls, which sometimes lead to prohibitive transaction costs. However, this system does not require the consumer to make any phone calls to complete a transaction, making low value purchases more practical. OTI says that the revenue will instead be generated from ongoing transaction fees, gen- erated through the use of the device and from the sale of products. The device contains a microprocessor that enables it to manage a variety of applications such as loyalty programmes and access control. SmartTrust team up with CMG in wireless space Internet security firm SmartTrust has teamed up with wireless messaging and billing company CMG. They plan to bring secure wireless transactions to mar- ket by creating a synergy from their existing tech- nologies. The alliance anticipates the development of a user-friendly interface based on open XML and PKI standards. It will sup- port WAP and SIM Toolkit mobile phones. CMG’s marketing man said, “We will enable our customers to take the lead in mobile commerce now rather than having to wait for the new generation of mobile phones.” See www.cmg-wireless.com or www.smarttrust.com for further details. 4 Market News

Contactless smart cards showcased at CeBIT

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threat only applies to patronsof Gnutella.

'Magistr' wormshows no justice

The Kriz worm of 1999 hasbeen reincarnated as aworm/virus half-breed. Itsname is W32.Magistr andalthough it will not charmusers into opening it —unlike the prolific NakedWife or Anna Kournikovathreats — when launched itpacks a hefty punch. And it isin the wild now.

Magistr can infect via an E-mail attachment or throughshared resources on a LAN. Itspreads by collecting all of theE-mail addresses on a system —Outlook, Netscape Messengeror Internet Mail and News —and carries its own STMP han-dler to send itself out to all ofthese addresses.

It can overwrite all of the fileson a hard drive — with an abu-sive string — erase the CMOS,and destructively flash theBIOS, rendering an affectedmachine useless.

Eric Chien at Symantecexplained, "It is a polymorphicvirus which can infect throughE-mail and over the network.If you are infected with thisvirus, your computer is toast."

However, once a machine isincapacitated, then it cannotspread the virus. This mightexplain why MessageLabs hasintercepted only a handful ofcopies of the virus thus far —that's 350 times fewer thanAnna Kournikova in theequivalent period. Magistr ismoving slowly but strikinghard.

The worm is a 30KB attach-ment written in assembly

code. The infecting E-mailcan have any one of a selectionof court-related subject fields— in English, Spanish orFrench. It contains the ‘copy-right’ message: “ARF! ARF! IGOT YOU! v1rus: JudgesDisemboweler. by: The JudgesDisemboweler. writen inMalmo (Sweden).”

Steve Woollard at Utimaconeatly summed Magistr up as asymptom of the “seeminglyinevitable rise of the poly-morph”. He suggests that justtelling users not to click onattachments is simply not work-ing, and that sandboxing mightbe a more appropriate solution.

Conversely, Graham Cluleyfrom AV vendor Sophosclaims that the incidentstrengthens the argument forpracticing “safe computing”,whereby you do not openunexpected E-mails thatappear to be suspect (this isalso known as common sense),whilst ensuring that your anti-virus protection is kept up-to-date. He also recommendsthat companies block all EXEfiles at gateway level.

Magistr is causing consterna-tion amongst the anti-virus ven-dors. Kaspersky Labs has calledit “extremely dangerous”,Symantec says it is “extremelydestructive”, but Trend Microhas classified it as low risk.

The most comprehensive tech-nical appraisal of Magistr is atwww.kaspersky.com.

Schlumbergerbuys into wirelessmarket

Schlumberger has strength-ened its position in the

wireless space with the acqui-sition of mobile Internetcompany PCS Innovations(PCSI).

PCSI’s messaging gateway,MobileMAGIC, allows variousmobile devices to communicateregardless of the protocol orstandard running. It uses PKItechnology to secure communi-cations and Schlumberger willintegrate this functionality intoits SIM card.

The step was motivated bya need for “an edge in thecoming third-generationwireless data market,” saidStephane Legentil from thewireless services division atSchlumberger.

Contactless smartcards showcasedat CeBIT

OTI and Funge Systems havemade a strategic alliance,teaming up to create contact-less smart cards to facilitateM-commerce transactions.The technology was demon-strated for the first time at theCeBIT trade show inHanover.

The contactless technologyrequires a plug-in, in the formof a patented attachment,which can be applied to anexisting mobile phone.

The consumer uses theembedded smart card todownload funds over theexisting GSM network, andthen is immediately able tomake a transaction with awireless point of sale (POS).Funds are then deductedfrom the balance on thephone.

Most enabling applicationsfor M-commerce require a

plethora of phone calls, whichsometimes lead to prohibitivetransaction costs. However,this system does not requirethe consumer to make anyphone calls to complete atransaction, making low valuepurchases more practical. OTIsays that the revenue willinstead be generated fromongoing transaction fees, gen-erated through the use of thedevice and from the sale ofproducts.

The device contains amicroprocessor that enables itto manage a variety of applications such as loyaltyprogrammes and access control.

SmartTrust teamup with CMG inwireless space

Internet security firmSmartTrust has teamed upwith wireless messaging andbilling company CMG.They plan to bring securewireless transactions to mar-ket by creating a synergyfrom their existing tech-nologies.

The alliance anticipates thedevelopment of a user-friendlyinterface based on open XMLand PKI standards. It will sup-port WAP and SIM Toolkitmobile phones.

CMG’s marketing mansaid, “We will enable ourcustomers to take the lead inmobile commerce now ratherthan having to wait for thenew generation of mobilephones.”

See www.cmg-wireless.com orwww.smarttrust.com for furtherdetails.

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