By Candice Bailey and Dianne Hawker A Cape Town businessman has been added to a growing list of Internet bank users who have lost money to fraudsters who hack into their accounts.

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jonny4001 writes "The Harvard Law Review has published a student-written article that argues that hackers, worms, and viruses are good for network security and that the law and public policy should encourage 'beneficial' hacking. From the article: 'Exploitation of security holes prompts users and vendors to close those holes, vendors to emphasize security in system development, and users to adopt improved security practices. This constant strengthening of security reduces the likelihood of a catastrophic attack -- one that would threaten national or even global security [...] Current federal law, however, does not properly value such strategic goals.'"

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An anonymous reader writes "Wired has put up its predictions for the coming year, in technology, internet, and entertainment news. Despite their claim that they are 'wild' predictions, a lot of them make some sense. Some of their calls: 'Google Stock Hits $1,000 per Share. Internet Traffic Doubles to 5,000 petabits per day by the end of 2007. And 80 percent of it is peer-to-peer file sharing, mostly Skype video and BitTorrent. BitTorrent on TiVo: Speaking of, digital video recorders get BitTorrent baked in, bringing internet video to the living room. Spam Doubles: No-brainer -- but no one cares because we're all using IM, especially at work. Second Life Ends a Life: Skullduggery in Second Life -- probably digital adultery -- ends in a real-life murder. Year o' the Laptop: Half of all new computers sold in 2007 will be laptops and 20 percent of those will be Apple's MacBooks." What do you folks think? How many will Wired have called correctly by the end of the year?

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