For more, read the links below.
http://www.cert.org/tech_tips/denial_of_service.html
http://anonymouse.org/cgi-bin/anon-www.cgi/http://en.wikipedia.org/wik i/Denial-of-service_attack
What does this mean for my new company? Nothing aside from I can't access the Server Control Panel to remove the newest SPAM attacks on JinanLIVE (that's a different story). So far, we've steered clear of the DoS attack, thankfully. However, not all sites have. I know of two companies in particular who are probably seriously sweating things now.
My new server company (www.terascape.net - not yet started) is running from one of those companies in Hong Kong. However, this doesn't mean I'm not going through them for service. If anything after the latest round of DoS attacks (also hitting GoDaddy.com & a few other major companies) the attacks will probably get them in gear for future attacks.
If you're a geek, you'll know what I'm going on about. As a geek, even I know only HALF of what I'm going about. The more technology advances, the more of a pain in the arse it becomes.

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