As of the end of the working day yesterday, the dreaded Code Red computer worm failed to make an appearance in Taiwan, but experts warned the public to remain vigilant.
Code Red, named after a soft drink popular among computer users in the US, is an Internet "worm." Like a computer virus, a worm is a software code developed to wreak havoc on computer systems that use the Internet.
They are called worms due to their propensity to burrow into the core of a site and steal information or use a computer server to launch attacks against Web sites.
"We've had a few corporate customers call about Code Red, but not because they have a problem. They saw news reports about it and wanted more information," said Axl Yen (
Code Red was set to begin launching attacks on Internet sites yesterday.
The same worm took over computer servers worldwide on July 19 and had them flood the White House Web site www.whitehouse.gov with messages, eventually crashing the site.
This kind of attack, called a "denial of service" attack, floods a Web site with data, like those launched against Yahoo February of last year. It shut down the sites for hours.
"The `Code Red' worm ... was designed to attack US-based Web sites. We don't expect it to have any impact on Taiwan," said Wang Teng-hsun (
On Web sites around the world, however, Code Red burrows in and defaces the home page, leaving the message "Hacked by Chinese." Despite the message, reports indicate the real hacker has yet to be identified. The good news for most computer users is that Code Red does not infect personal computers.
"This is not a threat to consumers," said John DeRiso, spokesman for Trend Micro. "It does not attack PCs. It only goes for computer servers running [Microsoft software]. If you're a company running a Web site, you have to be concerned about it."
Computer worms and viruses typically target Microsoft software, mostly because of the widespread use of the company's software, according to Russ McClay, Web page design specialist at Pro QC Studio in Taipei.
McClay said that when computer hackers make a worm or virus, they often want to cause mass destruction. The size of Microsoft's market -- over 90 percent of the world's PCs run the company's Windows operating system -- makes the software a prime target.
Since Microsoft Outlook e-mail software is tied to the Windows operating system, "if [a hacker] finds a hole in Outlook, then they have access to the core [Windows]," McClay said.
Microsoft offers a free patch to protect against Code Red at www.microsoft.com.
DIVIDED VIEWS: Although the Fed agreed on holding rates steady, some officials see no rate cuts for this year, while 10 policymakers foresee two or more cuts There are a lot of unknowns about the outlook for the economy and interest rates, but US Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices are coming. Fed policymakers voted unanimously to hold interest rates steady at a range of 4.25 percent to 4.50 percent for a fourth straight meeting on Wednesday, as they await clarity on whether tariffs would leave a one-time or more lasting mark on inflation. Powell said it is still unclear how much of the bill would fall on the shoulders of consumers, but he expects to learn more about tariffs
NOT JUSTIFIED: The bank’s governor said there would only be a rate cut if inflation falls below 1.5% and economic conditions deteriorate, which have not been detected The central bank yesterday kept its key interest rates unchanged for a fifth consecutive quarter, aligning with market expectations, while slightly lowering its inflation outlook amid signs of cooling price pressures. The move came after the US Federal Reserve held rates steady overnight, despite pressure from US President Donald Trump to cut borrowing costs. Central bank board members unanimously voted to maintain the discount rate at 2 percent, the secured loan rate at 2.375 percent and the overnight lending rate at 4.25 percent. “We consider the policy decision appropriate, although it suggests tightening leaning after factoring in slackening inflation and stable GDP growth,”
Greek tourism student Katerina quit within a month of starting work at a five-star hotel in Halkidiki, one of the country’s top destinations, because she said conditions were so dire. Beyond the bad pay, the 22-year-old said that her working and living conditions were “miserable and unacceptable.” Millions holiday in Greece every year, but its vital tourism industry is finding it harder and harder to recruit Greeks to look after them. “I was asked to work in any department of the hotel where there was a need, from service to cleaning,” said Katerina, a tourism and marketing student, who would
i Gasoline and diesel prices at fuel stations are this week to rise NT$0.1 per liter, as tensions in the Middle East pushed crude oil prices higher last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices last week rose for the third consecutive week due to an escalating conflict between Israel and Iran, as the market is concerned that the situation in the Middle East might affect crude oil supply, CPC and Formosa said in separate statements. Front-month Brent crude oil futures — the international oil benchmark — rose 3.75 percent to settle at US$77.01