George Jarkesy

The alleged GoDaddy cyber-terrorist attack, which happened on September 10, 2012, brings to the forefront how easy and realistic it is for hackers or cyber-terrorists of any association to negatively affect a massive amount of people.  Despite the statements from GoDaddy that they were not brought down by the hackers:

            “The service outage was not caused by external influences…It was not a ‘hack’ and it was not a denial-of-service (DDoS) attack. We have determined the service outage was due to a series of internal network events that corrupted router data tables. Once the issues were identified, we took corrective actions to restore services for our customers and We have implemented measures to prevent this from occurring again.”

The group ‘Anonymous’, the online terrorist organization, claimed responsibility on Twitter. The struggle that the United States Securities and Exchange Commission (SEC) faces now, and in the future,  is trying to design new policies for internet businesses that  protect investors. This presents many new challenges for regulators and publically listed internet companies.

GoDaddy, a webhosting service that hosts domains and emails, was down for several hours Monday afternoon that affected 10.5 million customers. The alleged GoDaddy attack by the cyber terrorist organization, known as Anonymous, was a topic of recent discussion on The George Jarkesy Show. Whether this was an attack or a glitch it’s a good time to discuss the issues that are facing internet companies and the investors who may buy their stock.

George Jarkesy

George is the host of the nationally syndicated “George Jarkesy” radio show and also a frequent commentator and guest on FOX Business News, FOX & Friends and CNBC.