Barbarians at the gates and the world economic crisis

Barbarians at the Gate: The Fall of RJR Nabisco ?is a book that might have been written in present times instead – as it was – of the ’90s. The well documented (and very well written) account of the biggest leveraged buy out Wall Street had dreamed ever is a detailed explanation of how the financial system started ruining the “real economy” after 1987 black monday crisis. Although this book is slightly out-of-the-scope for this blog, I nevertheless suggest to give it a try. A lot of things that happens in the ICT world might all of a sudden make sense…

Does “Corporate Security” read “Espionage”?

After the investigation started by the Milan Public Prosecutor Office, another case of alleged rogue corporate security and law enforcement officer case hits mainstream media. Former Corporate security head of the Internationally known luxury firm Gucci, together with private investigators and law enforcement officers have been involved into a criminal investigation ran by Florence Public Prosecutor, with charges of computer illegal trespass.

Italian banks are not “victim” of phishing money laundering-side

On Oct. 10,02008 the Criminal Court of Milan issued an Order related to the criminal trial Docket Number 24919/05 RGNR stating that a bank whose customers were “affected” by successful phishing attacks, can seek for damages only against the phisher itself, while no civil action can be started against those who laundered the monies coming from the theft.

The people accused of money launderers, said the Court, had no part into the phishing attack, since they play their role only after the monies are stolen.

Another website preemptive seizure

On Oct. 10 the Justice for preemptive investigation of the Court of Milan issued a decree of preemptive seizure against a couple of websites charged of trading cigarettes. [ 1. That in Italy is a State monopoly activity, thus forbidden to everybody but those that applied for a special license]

This decree is a replica – but a smarter one – of the decree issued (and ovverruled) by the Justice of preemptive investigation of the Court of Bergamo, in the notorious Piratebay case. No clear order of DNS hijacking has been issued, but fact is that ISP’s have to “obscure” a network resource that is far too away from their reach. Thus, if they cannot remove the “charged” files, the only alternative is… yes, you’re right: DNS hijacking.

Q.E.F.