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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: ToySoldier who wrote (26532)4/7/1999 12:26:00 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
It will take a major theft to wake everybody up

I've always thought that the Congress doesn't fully understand what a risk is involved to national security by having Microsoft's buggy systems used as a NOS standard.

Microsoft's approach is PC centric --- give everyone access to your PC and then we plug the holes as we find them. It doesn't work. Witness Melissa and now something else:

Let's face it, when some foreign power cracks into one of these internet data mining operations look what they're going to get--- everything about say the customers of Dreyfus.

Someday we are going to wake up, not to a Melissa virus attack but a major attack on a financial institution with the information in those data mines about its customers being used to mount the trojan horse attack.

I believe it was Robert Rubin who said in response to the effort to control the movement of money between countries, that currency is fungible. More so with the electronic movement of currency.

A basic foreign attack upon the US financial system involving the internet would be to use Microsofts buggy holes and the internet data mines wealth of information to wreak havoc.

I see nothing to stop this from happening.

When it happens people will wake up to the fact that internet security is not just a matter of knowing the privacy policies of individual web sites and leaving security to chance. You need a mechansim for protecting individual identities such as digitalme.

Letting the market operate blindly in the area of security and letting chance determine the severity of the threat is playing roulette with national security.

--- Cassandra

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