First Yahoo! Then eBay. The Net's vulnerability threatens e-commerce--and you
The scenario that no one in the computer security field likes to talk about has come to pass: The biggest e-commerce sites on the Net have been falling like dominoes. First it was Yahoo! Inc. (YHOO) On Feb. 6, the portal giant was shut down for three hours. Then retailer Buy.com Inc. (BUYX) was hit the next day, hours after going public. By
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information from the Internet--95% of what you do there is bona fide,'' says G. Philip Rutledge, deputy chief counsel of the Pennsylvania Securities Commission. ''Unfor!
tunately, that creates openings for fraud.''
And other forms of mayhem. That's evident from the attacks that took down some of the biggest companies on the Net. If blackouts and other types of cyber crime are to be avoided, then Net security must be the next growth busine