There could be terrorism. Organizations are in a bit of a pickle, because they pretty much have to undertake the repairs. Companies must also face the added pressure of having to complete them by Dec. 31, which is the whole point anyway. Still, this suggestion isn't guaranteed to inoculate companies from malicious programmers. They are probably smart enough to create a back door, or steal money, in such a way that they won't attract attention.
Oasys executives believe they have an even better solution.
They suggest that companies conduct extensive background checks of vendors they are about to hire to conduct Y2K upgrades. But this solution may falter in some cases, primarily because of the sheer numbers of programmers who are being hired quickly to repair computer systems. I am certain there will be instances of fraud. Additional risks may surface if some of the jobs are farmed out to programmers outside the country. Some consultants believe the hectic work demands mean that primary contractors in the United States from time to time must subcontract software rewrites to foreign workers.