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Pastimes : Unabomber's Paradise (or all that glitters is not DOT COM)
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To: lorrie coey who wrote (3)3/5/2000 11:31:00 AM
From: Hubert Few  Read Replies (1) of 15
 
Maybe I am preaching to the choir here, I am certainly no "authority" on the subject.

The vulnerability of TCP/IP and network operating systems to DDoS is widely known. (and has been for some time)I have found in-depth articles on the subject dating back to 1997.

Here is a fairly comprehensive presentation of only one (of hundreds or thousands?)of known methodologies that can be instituted.

staff.washington.edu

Maybe the most threatening aspect of a DDoS attack is that it does not require extensive compromise of security per se of multiple network servers.

Unlike the outdated "ping of death" attacks (which incidentally brought down SI for an extended period of time once) there is no real way to pinpoint or distinguish an orchestrated attack from normal network traffic.....without compromising performance on already heavily burdened resources.

Yep, the DDoS attack may yet prove to be the Achilles Heel.

My concern is not so much the extended e-commerce loss....but the investing world's reaction to it.

The most dramatic crashes in the stock market have typically been a response to a combination of events, with no single event being responsible. The resulting reaction to the "dotcom" world being brought to it's knees will undoubtedly be a whole new scenario....not unlike the myth that today's "new" market is immune to conventional indicators and pressures.

I am already preparing for what I feel is an inevitable occurance.....I have ditched my S&P Index fund, and will no longer invest in any segment which is dependent on e-commerce in any way shape or form.

I am even paranoid enough to imagine that the recent "mainstream" news coverage of this threat was the result of nothing more that a handful of amateurs playing "hacker". The bigger question is; has internet terrorism arrived?

I say it has.
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