Gartner: Y2K security problems could cost billions

Summary:Companies experiencing Year 2000-related computer security glitches are vulnerable to electronic fraud that could cost them billions of dollars, according to a report released by Gartner Group Inc. Friday.

Companies experiencing Year 2000-related computer security glitches are vulnerable to electronic fraud that could cost them billions of dollars, according to a report released by Gartner Group Inc. Friday. "The likely perpetrator would be a highly-skilled software engineer who has worked on Y2K remediation efforts and understands both computer systems and the underlying business processes," Gartner officials said in a statement.

Topics: Security

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.