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E-business edgy after hackers shut UK firm

posted onFebruary 2, 2002
by hitbsecnews

Source: CNN

Fears are growing once more that companies operating on the Internet may not be equipped to ward off electronic sabotage after anonymous "hackers" forced a small British firm out of business.

CloudNine Communications, one of Britain's oldest Internet Service Providers (ISPs), shut down last week with the loss of eight jobs in what computer experts believe is the first instance of a company being hacked out of existence.

The electronic attack -- a so-called "distributed denial of service" or DDoS -- was reminiscent of one in February 2000 that crippled Yahoo!, one of the world's leading Internet media firms, along with the online auctioneer eBay and the electronic brokerage ETrade.

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