Overhype

Overhype

by Mike Masnick


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Here Come The Bigger And Bigger MyDoom Damage Estimates

from the based-on...-what-exactly? dept

Jeremy Wagstaff has put together a nice summary (much of it based on pointers from vmyths.com) about the expected response from anti-virus firms who want to make sure that they quote the largest possible number of potential "damages" from the myDoom virus to make sure they get quoted in press articles. The winner is British security consultant mi2g, who claims damages will reach $38.5 billion - a number that is already being picked up by the press at a pretty rapid clip (be sure to play along at home and track the mentions). There is no basis given for the number, but they'll give you more details if you pay them money for a report. Reporters, for the most part, aren't concerned about the details, but like to have an actual number to throw out there and quote as a fact.

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  1. MI2G - Security Consultants or Bullsh*t Artists?

    by Annie Nomous - Feb 3rd, 2004 @ 2:53am

    I find it amazing that you can give the media a figure like $100 billion dollars and they will belive it. More amazing is that MI2G wasn't always in the "security intelligence" business but had a portal for car information.

    http://www.attrition.org/errata/charlatan/mi2g-history.html

    Makes me wonder how many of these fly-by-night viagra companies today will be in the new MI2G's of tomorrow.

    (reply to this comment) (link to this comment)

  2. more astrology

    by aNonMooseCowherd - Feb 3rd, 2004 @ 7:26am

    People fall for these numbers because they would rather have an answer -- any answer at all, even if there's no reason to believe in its accuracy -- than have to suffer with no answer. Same thing with astrology and palm reading.

    (reply to this comment) (link to this comment)

  3. Re: more astrology

    by Anonymous Coward - Feb 3rd, 2004 @ 10:43am



    the sky is falling

    the sky is falling

    (reply to this comment) (link to this comment)

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