IT News Review - Week Ending Monday 1/3/1999

IT News Review - Week Ending Monday 1/3/1999

Computer crime hits a third of companiesAt least one in three Australian companies have been the targets of computer crime according to the report of a survey into computer crime released today.

The survey, conducted by the Victoria Police Computer Crime Squad (VPCCS) and Deloitte Touche Tohmatsu, reveals that 33 per cent of Australian companies admit to experiencing an IT security breach in the past 12 months.

Click on the link below for the full story thinks Y2K is manageableThe year 2000 computer problem isn't likely to cause a "digital winter" that disrupts the entire world, IBM chief Louis Gerstner said here at his company's annual Business Partner Executive Conference on Sunday. "Nobody knows exactly what will happen 311 days from now," Gerstner, chairman and chief executive officer of IBM admitted, adding, "it's likely we will see some disruptions" but nothing in the order of the dire forecasts that some have predicted.

Click on the link below for the full story US Net retail heavies top $100m each The Internet's top 22 retail Web sites earned at least $US100 million each last year, with at least one of them, Dell Computer, taking in close to $2 billion, according to a report from ActivMedia Research. Other big earners on the list included, Cyberbian Outpost, Ticketmaster,, Gateway and, ActivMedia said. The company added that exact revenue figures for the companies were unavailable.

Click on the link below for the full story, Singapore sign $US29.2 million IT dealAustralia and Singapore will jointly work on 10 IT initiatives valued at $S50 million ($45.3 million) following the signing of a memorandum of understanding (MOU) on Monday. The initiatives include upgrading physical communications links, encouraging trade and investment in information and communications, coordinating electronic commerce policies, exchanging information on the year 2000 (Y2K) issue and promoting joint research and development.

Click on the link below for the full storyUS lawmakers debut Y2K dispute billA bi-partisan group of US lawmakers was scheduled to announce legislation yesterday aimed at creating a legal framework for resolution of disputes arising from problems caused by the year 2000 computer glitch. Provisions in the legislation, according to a statement released by its sponsor, include alternative dispute resolution, assistance for small business, federal jurisdiction of year 2000 class actions, minimum injury requirements, proportional liability limitation on punitive damages and limits on attorney's fees.

Click on the link below for the full story releases final online securities guidelinesThe Australian Securities and Investment Commission (ASIC) has released its final say on the Internet-enabled fundraising activities of local companies.

The final policy statement comes six months after the ASIC released its policy proposal in September 1998 and is the result of an exhaustive public consultation process.

Click on the link below for the full story exec spells out Windows 2000 plansDespite recent announcements from Microsoft that there will be another release of the client version of Windows, a Microsoft official said the company has not deviated from its strategy of a single OS. "A single operating system code base is Microsoft's long-term direction with a single development target for drivers, hardware, and testing," said Carl Stork, platform product manager for Microsoft, during his keynote at the Intel Developer Conference here.

Click on the link below for the full story deadline moves forward 28 yearsDublin based software engineering company Millennium Solutions is set to revolutionise the process of Y2K compliance for IBM AS/400 users in Australia with the launch of its MS4 software.

Click on the link below for the full story foreshadows CBA network revampThe Commonwealth Bank of Australia (CBA) is considering implementing a virtual private network encompassing up to 100,000 devices nationwide, according to the bank's top information technology executive. Head of technology, operations and property, Russell Scrimshaw, said the CBA was engaged in preliminary scoping work for a total re-engineering of its telecommunications network, which would allow the bank to "fully exploit deregulation of telecommunications and use some of the newer technologies available to advantage".

Click on the link below for the full story Pressure eases on SAP skills shortageThe world's long-standing shortage of SAP skills is the first showing signs of slowing or even reversing into a skills glut. This is welcome news for IT shops whose budgets have been under pressure from the high premiums SAP specialists commanded for years. "Our view is that the market has balanced out," said Andersen Contracting managing partner for Australia and New Zealand, Sheryle Moon.

Click on the link below for the full story demand fluctuations could trip NSW electricity supplySupply of electricity could fall victim to unforeseen fluctuations in demand that the millennium bug might cause, according to Michael Sinclair, executive manager, Electricity Association of NSW. Speaking at a Y2K conference hosted by 2000aware, OzEmail and Slater & Gordon Solicitors last week, Sinclair said that sudden fluctuations in demand for electricity have the capacity to trip protective switches, taking NSW generation plants offline.

Click on the link below for the full story Data warns industry of BSAA anti-piracy tacticsMagna Data, an Internet services provider, has warned business to be wary of antipiracy lobby Business Software Association of Australia (BSAA) after the association announced the ISP was fined $22,000 for software-piracy. Magna Data's managing director, Jason Ashton rejected press statements by BSAA last week it was "caught" for software piracy and warned other organisations might fall victim to the group's aggressive tactics.

Click on the link below for the full story players bring Linux to enterpriseThe Linux juggernaut will set its course straight for the heart of the enterprise this week with major initiatives from Intel, Oracle, Computer Associates, Hewlett-Packard and IBM, among others. Intel will announce at LinuxWorld in San Jose, on Tuesday it has tapped VA Research, a Linux hardware and software original equipment manufacturer in California, to take the lead in developing a standard Linux operating system kernel for its IA-64 processors.

It is expected the kernel will be compliant with Linux Standards Base (LSB).

Click on the link below for the full story

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