Word: browser
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Dates: during 1990-1999
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...safe for business--including home banking and online creditcard shopping--Netscape has become a fat target for anybody with the time or skill to prove that it hasn't achieved that goal. Just last month the company had to rush out a new version of the Netscape browser after two groups of hackers cracked its security code...
Hoping to harness some of that codebreaking talent, Netscape last week began offering cash awards to anybody who can find a security hole in the beta, or test, version of its latest browser software. Under the so-called Bugs Bounty program, the first person to identify a "significant" security flaw wins $1,000. Lesser bugs earn smaller prizes ranging from $40 sweatshirts to $12 coffee mugs. The idea, explains a company spokesperson, is to get hackers to hack when it will do the Netscape some good--before the product is officially released...
Netscape Communications Corporation, known for its popular World Wide Web browser, went public in August; shares started trading on the secondary market at a 300 percent premium. The company later suffered the public humiliation of having its transaction security protocol cracked twice--first by a French hacker who cracked the international version, then by a pair of computer science students at the University of California at Berkeley who cracked the (supposedly more secure) domestic version...
TIME's Joshua Quittner says a serious security flaw found in Netscape, the most popular World Wide Web browser, probably won't cast a pall over emerging electronic commerce. Two University of California at Berkeley graduate students have found that a knowledgeable computer user could crack the system in less then a minute, potentially giving users access to information such as credit card or bank account numbers. Netscape Communications plans to rush out a secure version of the software next week. "This is an interesting academic exercise, but online transactions are still a relatively minor part of the Internet," Quittner...
...downside, wandering around the Microsoft Network feels like sneaking into a giant shopping mall under construction: lots of nooks and crannies but nothing to see yet. For now, Microsoft is happy to direct people out to the Internet, via its somewhat clunky browser, the Internet Explorer. Sometime next year Microsoft will release Blackbird, a so-called developer's tool that could attract content providers by giving them the wherewithal to create multimedia pages that rival anything available on the Internet today. An even bigger plus: Microsoft will handle billing on behalf of its content partners, the merchants who will...