Y2K lawsuits pile up before limits set in

Article Abstract:

Several bills have been proposed in Congress to prevent an onslaught of lawsuits related to the Year 2000 problem. The number of lawsuits have increased from five to 78 in the last 15 months, most of which targeted small and midsized software firms for alleged breach of contracts. However, more lawsuits are expected to be filed as the year 2000 approaches, particularly against computer hardware and insurance companies.

Computers, Electronic Computer Manufacturing, Computer Services, Computer Systems Design and Related Services, Information technology services

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New council to try to take bit out of cybercrime

Article Abstract:

A new council and complaint center to handle online frauds have been formed by the Federal Bureau of Investigation, the National White Collar Crime Center and the National Fraud Center. The Internet Fraud Council will create programs to deter online crimes such as credit card frauds, stock manipulations and get-rich-quick scams. The center will be based in West Virgina and will be initially staffed with 10 analysts.

On-Line Information Services, Videotex & Teletext, Internet services

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