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ZDNet: Overview: Do we need a 'national plan [on network security]?'

Apr 04, 2000, 02:14 (0 Talkback[s])
(Other stories by Robert Lemos, Lisa M. Bowman)

"Forty-four hours. That's how long it took for network security to go from being considered a geek subject to a national issue on a par with such monumental policy debates as healthcare and Social Security reform."

"Those 44 hours transpired between 10:30 a.m. PST, Feb. 7, and 6:30 a.m. PST, Feb. 9 -- during which time a series of massive distributed denial-of-service attacks either hobbled or knocked offline eight of the Web's most popular sites. ... At the end of those 44 hours, everything had changed."

"This reaction isn't surprising when you consider that the Internet is now widely acknowledged as the Big Bertha that's lifting the U.S. economy into the stratosphere. Dotcoms are all the rage, dominating Wall Street, the news and commercials. E-commerce -- a mere blip on Federal Reserve Board Chairman Alan Greenspan's radar screen just two years ago -- now accounts for some $20 billion in the retail market. By 2004, consumer sales are expected to equal a $185 billion hunk of the national economy and business-to-business transactions will hit a whopping $2.7 trillion, according to market watcher Forrester Research Inc."

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