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To: Hawkmoon who wrote (37268)	7/17/1999 1:54:00 PM
From: Ahda	Read Replies (2) \| Respond to of 116762

U.S. Research Firm Warns Of Y2K Scams Full Coverage Year 2000 Problem WASHINGTON (Reuters) - A research firm predicted Friday that someone will make off with more than one billion dollars in a scam linked to year 2000 computer upgrades and that companies may lose billions. ''The law of very large numbers dictates that we will have a vastly increased risk of electronic theft and fraud after the year 2000 remediation efforts,'' Gartner Group Inc. (NYSE:IT - news) said. ''Given the enormity of this undertaking...by 2004 there will be at least one publicly reported theft exceeding $1 billion,'' added Joe Pucciarelli, the analyst who wrote the report ''Year 2000 and the Expanded Risk of Financial Fraud.'' The firm, based in Stamford, Connecticut, has helped frame debate on the so-called millennium bug with its estimates of the potential costs. It said likely perpetrators of a heist would be software engineers who might take advantage of year 2000 upgrades to take backdoor control of systems. Companies worldwide are racing to prepare for the rollover from 1999 to 2000 for fear that computers' old, two-digit date-fields could causes crashes or corrupt their data by mistaking 2000 for 1900. I got a note from my internet provider stating that there is a new scam. This one requires i return my credit card number to them and my provider is not requesting this information. I wonder how much fraud is going on out there now that our banks will have to absorb.

To: Hawkmoon who wrote (37268)	7/18/1999 7:36:00 AM
From: long-gone	Respond to of 116762

<<Maybe this time around we'll finally learn that dependence on foreign oil undermines our national security, giving political relevance to regimes who's population or politican/economic significance hardly rate our risking national treasure to defend.>> Well said & I agree, but much of the "cheap oil" has been pumped out long ago from the reserves with-in our shores(even were one to include Mexico & Canada). Would you suggest we go back to the 55 MPH speed limits and imposed increased Federal MPG targets? Near the only pockets of employment which exist in rural America are are along the major highways due to travel and tourism. For every reduction of travel speed highway deaths increase in many of our Western states - due to the increase in total hours traveled. Seems many are willing to spend near any amount of money to travel those seemingly endless miles of western highway rather than increase travel time even slightly. Were the Federal government to again dictate that 27% increase in hours traveled, many vacations would no longer be by auto and the rural economy might even be worse.