The Most Worrisome Aspects of the N.Y. Times Hack

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Aug. 28 (Bloomberg) -- Bloomberg's Jordan Robertson reports on the most worrisome aspects of the hacking attack on the New York Times. He speaks on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Rian electronic army took credit for the hack.

The websites themselves weren't how they got in.

It was an australian domain registrars that routes the service.

Joining us now is jordan robertson.

This is disturbing.

It wasn't just that the journalism but an american business was the target o f a foreign military.

One of the interesting parts about this attack is that it relied on this really expansive network of third parties, so y ou can be a syrian advocate and be overseas and still execute an effective attack on an american company and never have to st ep foot on american soil and in fact never have to hack that american company at all.

They hacked an australian company.

One of the things that stuck out to me was the fact there are so many of these -- the system which kind of enabled this attack is messed u p. there are tens of thousands of companies -- is it?

Really messed up.

Why?

They've been at it for a long time there are tens of thousands of companies that manage the registries for companies like google and new york times and twitter and there are so many.

If any of them are hacked and records are altered you can sink hole the website and send it to a domain that doesn't exit or send twitter to another page that is either -- is there any does tray that industry that is figuring this out?

Finance?

Finance, commerce, any industry that has a strong financial stake and a lot of financial data that they can product.

They are aggressive to manage their domain names.

How?

There are services where you pay extra fo r additional security.

It requires around the clock i.t. people and have to call in to make changes.

There is a lot of administrative overhead in managing a domain name system securely.

A lot of companies say, forget it.

We're not interested and th at's lot of headache.

If i were to make a list of country that's can do this i wouldn't have put syria in my top five.

Is this the tip of the iceberg on what we cou ld see if it were another country.

Sadly, almost any country can

This text has been automatically generated. It may not be 100% accurate.

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