NetFlash: Extortion via DDoS on the rise

Opinion
May 17, 20052 mins

* Extortion via DDoS on the rise * Nortel's Owens has his work cut out * IBM links business processes to IT automation * Standards deadlock looms over UWB * Today on Layer 8

Here’s the scenario: A hacker or group of hackers launches a distributed denial-of-service attack against a company’s Web site. Business is disrupted. The hackers demand that the company pay them to make it stop. Often, the companies do – without reporting the incident to the authorities, without telling anyone, really. The extortionists profit and move on to the next victim. And because it’s so profitable, the scenario is becoming more common than you might think. Extortion via DDoS on the rise http://www.networkworld.com/news/2005/051605-ddos-extortion.html?net

Here’s the scenario: A hacker or group of hackers launches a distributed denial-of-service attack against a company’s Web site. Business is disrupted. The hackers demand that the company pay them to make it stop. Often, the companies do – without reporting the incident to the authorities, without telling anyone, really. The extortionists profit and move on to the next victim. And because it’s so profitable, the scenario is becoming more common than you might think.

Extortion via DDoS on the rise

http://www.networkworld.com/news/2005/051605-ddos-extortion.html?net

Nortel’s Owens has his work cut out

Bill Owens has been CEO of Nortel for a year, and already he has made an impact. He reorganized the company, brought in executives from Cisco and took steps to wipe away the ethical lapses of the past – all while maintaining market leadership in VoIP. Still, the company has slipped in LAN switching and enterprise networking overall, and profits have plummeted.

http://www.networkworld.com/news/2005/051605-nortel-owens.html?net

IBM links business processes to IT automation

IBM Tivoli Monday announced products and upgrades to help IT managers better integrate business processes and IT operations, and to enable IT service management across enterprise networks.

http://www.networkworld.com/news/2005/051605-ibm.html?net

Standards deadlock looms over UWB

A deadlock between competing camps over ultra wideband, or UWB, could derail efforts to establish an IEEE standard for the short-range wireless technology, according to an executive familiar with the process.

http://www.networkworld.com/news/2005/051705-uwb-standards.html?net

Today on Layer 8, where we’re familiar with rebooting:

We continue our Podcast Week theme with a look at Reel Reviews; report on a new software patch… for your car; provide advice on how NOT to do a wedding toast; and examine new high-tech methods for staying on a diet. Join in the fun:

http://www.networkworld.com/weblogs/layer8/?net