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MyDoom is most expensive virus yet

Analyst Gartner estimates cost at more than £20bn. Security experts say that the MyDoom virus that spread rapidly across the internet last week is one of the costliest cyber attacks yet. The virus reached more than 160 countries and peaked at one in ten of all emails sent worldwide, according to analyst Gartner. Security firm mi2g estimates that the cost of the virus is more than $38bn, based on the factors such as of loss of business, bandwidth clogging, loss of productivity, cost of recovery and software upgrades. The virus was designed to disable the Microsoft and SCO Group web sites, which led both suppliers to offer a $250,000 reward for catching the hacker responsible. The offer did not prevent SCO’s web site from being taken offline on Sunday. As Computing went to press, MyDoom-infected PCs were expected to attack microsoft.com, although early indications suggested the effect would be less dramatic than the SCO attack. Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.