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To: long-gone who wrote (48716)2/9/2000 5:23:00 PM
From: lorne  Respond to of 116764
 
OT. Japan: LDP task force outlines to combat cyberterror
Yomiuri Shimbun
A Liberal Democratic Party task force unveiled draft proposals Tuesday designed to counter cyberterrorism in the wake of recent attacks by hackers on ministry and agency Web sites.

The incidents highlighted the nation's vulnerability to cybercrimes. The draft called on the government to set up a special command office and a team of specialists this year to tackle cybercrimes.

It also emphasized the need to strengthen computer security systems and to nurture experts to combat Internet-related crime.

The LDP will urge the government to implement the proposals, which are scheduled to be finalized at a meeting on Feb. 15.

Commenting on recent attacks by hackers who illegally accessed or altered ministry and agency Web sites, the draft said the intrusions should be taken very seriously even though they did not harm national security. Among the immediate measures to prevent further intrusions from hackers, the draft recommended that ministries and agencies strengthen Web-site security by the end of the month, and, if necessary, improve the security of related systems.

The draft outlined a two-stage schedule to improve the nation's computer security systems. In the short term, it called for the setting up this year of a board of government officials and cybercrime experts from the public sector.

Long-term strategies recommended in the draft include the enactment within a few years of a law on high-tech crimes, and the launch of a campaign to educate the public about acceptable and unacceptable uses of the Internet.

A government action plan to combat computer hacking announced on Jan. 21 recommended that computer security guidelines be drawn up by the end of the year.

The LDP, however, will urge the government to advance the deadline for implementation of the guidelines.
yomiuri.co.jp



To: long-gone who wrote (48716)2/9/2000 11:58:00 PM
From: PaulM  Read Replies (4) | Respond to of 116764
 
ASHANTI ON THE BRINK AFTER COURT RULING

biz.yahoo.com

I think you've hit on one of the cruxes of the current rally.

Remember all the trouble the Bank of England went through to negotiate that "standstill" agreement to make sure Ashanti wouldn't have to buy back all that gold? It will be more difficult to convince the bankers to wait if Ashanti has no hope of ever producing its way out this. And just imagine, Ashanti is just one of tens or hundreds of producers with a hedge book And the gold market can't even handle just one Ashanti!

By the way, it seems to me the current players driving up the price of "gold" are doing so by playing the paper market place, rather than by purchasing physical. Everyone must know by now that short positions can never be liquidated via actual purchase or delivery of physical gold (witness Barrick). The purchase of gold calls is not a perfect insurance policy for the shorts, but at least this way when the paper market goes bust, a suspension of contractual obligations will be justified because it won't just be the shorts' fault. "Hey, we're owed gold too."