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LATEST NEWS
 

Code Red Worm

The spread of the computer worm known as "Code Red" has been the subject of wide speculation after taking the Internet by storm on the 19th July by infecting over 250,000 systems in just 9 hours.  
 
Further mutations of this worm are expected, and it is thought that it may begin spreading again on the 31st July 2001 at 08:00 EDT (00:00 GMT). There have already been a number of very high-profile companies whose web sites have been defaced by this worm and there could potentially be many more if the worm becomes active again, and finds more vulnerable systems.  
 
The worm spreads itself by probing other computers on the Internet, and using a vulnerability in the Indexing service in Microsoft's Internet Information Server (IIS) to infect the system. IIS is supplied with most versions of Windows NT and 2000, and can be protected from this issue by applying a patch released by Microsoft. Once a system is infected, it will go on to infect more systems, which will in turn infect more systems.  
 
Whilst it appears that the worm will only deface the web pages on the system, the vulnerability that it exploits can allow arbitrary code to be executed in the "Local System" context, thus giving the attacker total control over the victim system.  
 
I would like to take this opportunity to reassure you that our pro-active approach to security vulnerabilities, and the fact that the majority of our systems run Linux or FreeBSD, means that we have never been affected by this issue at any stage.  
 
Tom White, Technical Director, Page Hosting

 
 

Microsoft Chairman Bill Gates said on Wednesday 23rd May 2001 that the bursting of the dot-com bubble is not the end of the technology boom, only "the end of the beginning".  
 
Gates told a meeting at Microsoft's CEO Summit "The next decade is the big one. This is the decade when your involvement with computing will be pervasive".  
 
source: ZDNet UK

 

One billion users will drive the Internet by 2005  
 
With fifteen percent of the world's population online, e-commerce will boom to $5tn.  
 
The Global Market Forecast for Internet Usage and Commerce claims that fifteen percent of the global population will be online in four year (a seventy percent compound annual growth rate in Internet spending from $354bn in the year 2000).  
 
And, Europe is likely to take pole position.  
 
source: ZDNet UK

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