A new Internet virus nicknamed "Code Red" appears to be programming thousands of computer drones to launch an all-out cyber attack on the White House Web site, security experts said last week. The Code Red worm appears to instruct infected computers to launch a "denial of service" attack on the government Web site (www.whitehouse.gov), of the kind that took down major Internet sites such as Yahoo! Inc. and eBay Inc. in February last year, analysts said. The worm defaces English-language Web sites hosted by the computers it infects, displaying the slogan "Hacked by Chinese!", the security experts said. The origin of the virus was not clear. White House spokeswoman Jeannie Mamo said: "The White House has taken preventive measures aimed at minimizing any impact of ... the Code Red worm." A denial of service attack is intended to render the target site inaccessible to legitimate traffic by swamping it with requests for information. Compaq sales drop, profits decline The Compaq Computer Corporation, suffering from weak demand and cutthroat pricing in the personal computer market, reported a steep drop in second-quarter earnings last week as sales fell 17 per cent. Though the ailing market in the USA is showing signs of stabilising, Compaq said, customers in Europe and Asia have slowed their spending. In addition, Compaq's big rival, Dell Computer, continued to lower its prices, forcing the company to follow and cutting into its profit. For the quarter ended June 30, Compaq reported earnings, excluding special charges, of $ 67 million, or 4 cents a share, matching Wall Street's lowered expectations. Profits declined sharply from the period a year earlier, when Compaq earned $363 million, or 21 cents a share. — Agencies |