Code Red worm goes underground

Security experts in Australia say it could be an Internet first - a worldwide response by end users to secure their systems against the Code Red worm, which threatened to cripple the Web.

The worm, which had been lying low after infecting more than 350,000 servers by the end of last week, threatened to rear its ugly head again at 10am AEDT, Wednesday but by close of business, there was no sign of propagation, industry experts said.

-If this keeps up it will be good news," e-security distributor Janteknology's Glenn Miller, told ZDNet.

-This could be an Internet first. A worldwide response by end users to secure their systems. Now if we could keep up the same levels of awareness and response by end users there would be a significant reduction in the security risks posed by the Internet, and hackers would be denied the ability and opportunity to wreak havoc," he added. -I am hoping this is a win for the good guys."

The malicious worm, which takes advantage of a hole in Microsoft's Internet Information Server (IIS) Web server software, has already cost an estimated US$1.2 billion in damage to networks across the globe. The cost of clean up, monitoring and checking systems is estimated to be around the US$740 million mark.

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