Thursday, August 20, 2009

CNBC on DoS Attacks and Computer Security

Here is the CNBC video segment I mentioned in class. Not unexpectedly, they emphasize the economic impact of computer security and DoS attacks against social networking sites in particular. While some of the numbers included were of interest, I found the very fact that "main stream" media such as CNBC would devote a prime time (while the markets are open) segment to computer security to be interesting.



They also note that thwarting such attacks isn't just a question of buying enough hardware, software or a big enough pipe. They point out that having the right people was instrumental in allowing several major government and financial sites to weather a similar attack earlier this year.

Cheers,
Dave

4 comments:

  1. You're right about having the right people for the job. If the IT security is arrogant and believes that its security is adequate, they'd be in for a real surprise should they be compromised.

    If a company is constantly trying to better it's defenses, having white-hat hackers constantly trying to break through your network walls and reporting their findings; even just keeping up the current security headlines could be just enough knowledge to keep a major attack at bay.

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  2. It is stated that, due to the recession, companies are cutting back on their annual IT budget, but increasing annual budget for Security, in fact increasing spending in that area.
    If IT dept responsibilities are Security, and the IT budget is being cut, but Security is being increased, does that mean that IT dept are focusing on Security to the detriment of new development>

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  3. To me, this seems like it could be used by corporate business againt competitors to give them the edge. When dealing with millions of dollars, security certainly pays for itself very quickly.

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  4. I take the CNBC video as stating that the security portion of many IT budgets is increasing in both absolute terms and as a percentage of the IT budget. One of the reasons I'm taking security classes is that I see this trend continuing and I like the idea of moving into a growing market segment that typically isn't and can't be out sourced.

    Cheers,
    Dave

    ReplyDelete

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About Me

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B.Sc. ('78) and M.Sc. ('80) in Math from Ohio State followed by 12 yrs at TRW and a variety of software development positions since then. Currently living in Colorado and enjoying "trial retirement". For fun I climb mountains in the summer and ski down them in the winter, fix gourmet food and have an excellent wine cellar.