RealNews

Worst-Case Worm Could Rack Up $50 Billion In U.S. Damages

A worst-case worm attack on the U.S. could easily cost the country $50 billion in direct damages, a pair of security experts said Friday. Nicholas Weaver and Vern Paxson, two security researchers who work with the International Computer Science Institute (ICSI), a nonprofit research group associated with the University of California at Berkeley, modeled a worst-case scenario in which state-sponsored attackers construct a worm exploiting an unpublished vulnerability, then launch it over the Internet. Weaver is a postdoctoral researcher at ICSI, while Paxson is also a staff scientist at the Lawrence Berkeley National Laboratory. “Although our estimates are at best approximations, a plausible worst-case worm could cause $50 billion or more in direct economic damage by attacking widely used services in Microsoft Windows and carrying a highly destructive payload,” said Weaver and Paxson in their paper. 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.