Word: yahoo
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Dates: during 2000-2009
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Mondays are always tough - but this was a particularly bad one at Yahoo. From their disparate points around the Web, a highly coordinated group of e-vandals succeeded in virtually shutting down the giant web site for three hours yesterday, as the company's servers struggled to deal with the hooligans' calculated onslaught of mock information requests, or "smurfing." Users who tried to log on to the site were met with frustration and error messages...
...false requests that it can't deal with legitimate inquiries. It's akin to calling someone and hanging up constantly so they can never get a real phone call." And while this relatively simple method of attack has been around for years, Quittner adds, the sheer breadth of the Yahoo assault could suggest a new, if belated, sophistication in the world of high-tech vandalism. The Yahoo case wasn't technically hacking, since the attack was carried out without the perpetrators' actually forcing their way into the Yahoo system...
...What's most surprising about the Yahoo case is that it hasn't happened before," says Quittner. Now that e-vandals have flexed their muscles in a very public forum, bringing the world's most popular web site to a grinding halt, it's safe to say there will be increasingly creative attempts to foil hackers altogether. That will be a very tough, if not impossible process, says Quittner. "Unfortunately, there's not a whole lot companies can do to prevent this kind of strike." Of course, this is the world of high tech, where explosive growth and insight...
...investors, this is a good time to contemplate such a turn. Tech stocks have repaired their millennial meltdown, giving you another chance to sell high, and you've seen that a "diversified" portfolio of Intel, Microsoft, Cisco, Lucent and Yahoo doesn't offer much panic protection. Tech remains a great place to be long term--but not exclusively...
Lots of babies were born to parents who were just lucky or had planned really carefully last April. A Silicon Valley hospital gave its first baby a share of Yahoo! stock and five shares of Silicon Graphics. Twins were born on either side of midnight in Berlin, Virginia, Indianapolis, Oklahoma and Seattle. Regardless of what any of them accomplish in life, this is how they will always be described...