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NetFlash: Cost of computer crime exploding

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By Jeff Caruso
NetFlash Newsletter, 03/12/01

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Welcome to the Monday edition of NetFlash. Today, we find out the security threat is worse than we thought, Norton AntiVirus blocks access to e-mail, Delta and Ford have their hands full, and Loudcloud rolls in.

Cost of computer crime exploding, survey says
If you're looking for a reason to expand your security budget, boy have we got one for you. Network World obtained the results of a survey conducted by the FBI and the Computer Security Institute of San Francisco, and they aren't encouraging. About 85% of respondents reported security breaches in the last year, and financial losses attributed to intellectual property theft among the respondents are more than twice what they were last year. Take that information to your executive management and see how quickly they spring for more security gear.

Wired workforce plans stress corporate nets
Large companies have tried to build Internet skills among their employees by getting them discounted PCs and Internet connections - but they got a lot more than they bargained for. What they got was a telecommuting workforce and the headaches that come along with supporting such a workforce. Network World's Carolyn Duffy Marsan talked to Delta Airlines, Ford Motor and others to tell the story of how these companies are coping with the new demands.

Norton AntiVirus puts a lock on e-mail
Looks like Symantec's Norton AntiVirus needs to clean its filters. The software is supposed to weed out virus-laden e- mail, but it also can apparently stop users from accessing the "good" e-mail if a certain process fails to run.

Loudcloud opens up on Wall Street
It was a touch-and-go week, but Loudcloud finally went public on Friday. Marc Andreessen founded the e-commerce hosting start-up. That, coupled with the fact that high-tech IPOs are few and far between lately, lands this story in NetFlash today.

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