In an effort to battle security threats Paypal announced today that it will block "unsafe browsers" from using its services. It is trying to step up its anti-phishing efforts. Older web browsers are considered unsafe because the lack many security features the newer browsers have. Paypal said it was "an alarming fact that there is a significant set of users who use very old and vulnerable browsers such as Internet Explorer 4". Some users were still using Internet Explorer 3 (a browser more than 10 years old).

The federal government is starting to realize the real threats of botnets around the world. U.S. homeland security secretary Michael Chertoff speaking at the RSA conference said that the US government has launched a cyber security "Manhattan Project."

The US is realizing that online attacks can be a form of "devastating warfare", and equivalent in damage to "physical destruction of the worst kind."

A new study shows that men are more prone to Internet fraud than women. IC3 received 206,884 complaints of online crimes during 2007. Their findings show that men lost $1.67 to every $1 lost by women in online fraud. This is a $40 million increase in reported losses to law enforcement when compared to 2006.