You Have To Wonder:

Discussion in 'other security issues & news' started by hawki, Jul 8, 2015.

  1. hawki

    hawki Registered Member

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    "All Trading Halted On NYSE, CNBC Stunned"

    http://www.zerohedge.com/news/2015-07-08/all-trading-halted-nyse-cnbc-stunned"

    "And Now The Wall Street Journal Is Down"

    http://www.zerohedge.com/news/2015-07-08/wall-street-journal-down

    "Nationwide Computer "Glitch" Grounds All United Airlines Flights"

    http://www.zerohedge.com/news/2015-...er-glitch-grounds-all-united-airlines-flights

    EDIT UPDATE:

    UPDATE:
    "No indications yet point to a cyberattack on the exchange, two U.S. officials told NBC News. The glitch and an earlier computer problem that grounded United Airlines flights appear unrelated, they added."
    Source: CNBC

    http://www.cnbc.com/id/102806720

    "On Tuesday, hacker group Anonymous tweeted a suspicious statement about potential problems on Wall Street...........

    Anonymous @YourAnonNews
    Wonder if tomorrow is going to be bad for Wall Street.... we can only hope.
    11:45 PM - 7 Jul 2015"

    http://www.cnbc.com/id/102806720

    Update"

    "A U.S. Department of Homeland Security official, who spoke on condition of anonymity, said there was no indication so far that the NYSE had been hacked."

    http://www.bloomberg.com/news/artic...k-exchange-suspends-trading-in-all-securities

    For those unfamiliar with the markets the Chines Market has been crashing with a large percentage of stocks suspended from trading to prevent further loses.

    "China Stock Market Plummets As Sell-Off Continues"

    "http://www.huffingtonpost.com/2015/07/08/china-stock-market_n_7752190.html

    Fear had spread ito the US markets: The DOW was down 212 when the "technical glitch" halted trading.

    Whatever-How vulnerable we are in the cyber-age.

    A halt of all the trading of all stocks on the NYSE of this length is unprecedented.




     
    Last edited: Jul 8, 2015
  2. Infected

    Infected Registered Member

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    Messing with scary stuff. If the stock market goes down, so does America..
     
  3. hawki

    hawki Registered Member

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    Yeah it's plenty scary but the consequences would not be as dire as you suggest. There are other markets and means to trade NYSE listed stocks. But definitely not a confidence builder. (Not sure of those alternate markets and method are avaialable atm.)

    Given developments in Greece and China, not sure of it could have come on a worse or better day.
     
    Last edited: Jul 8, 2015
  4. CloneRanger

    CloneRanger Registered Member

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    False flag, anyone ? Another insider job, a cyber 911 ? This could be the next phase !
     
  5. hawki

    hawki Registered Member

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  6. hawki

    hawki Registered Member

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  7. Page42

    Page42 Registered Member

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    I'm not wondering. These so-called glitches are probes... test drives, designed to trigger reactions, to observe results and responses. Soon will be the coordination of simultaneous large-scale multiple events that will stretch our ability to sufficiently recover. Not if… when. We'll be longing for the good old days when we called them glitches.
     
  8. hawki

    hawki Registered Member

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    I suppose it could have been a totally unrelated off hand remark but it's hard to ignore this tweet of last night

    "Anonymous ?@YourAnonNews 15h15 hours ago

    Wonder if tomorrow is going to be bad for Wall Street.... we can only hope."

    https://twitter.com/YourAnonNews
     
  9. hawki

    hawki Registered Member

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    Trading on the NYSE has resumed.
     
  10. hawki

    hawki Registered Member

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    "A computer malfunction that knocked out trading at the New York Stock Exchange for more than three hours Wednesday probably stemmed from a software update that went awry, said two people briefed on a preliminary review....."

    http://www.bloomberg.com/news/artic...uspect-software-update-triggered-trading-halt

    QUERY: If the NYSE were hacked would they admit it and would the government dissuade them from saying so?
     
  11. Rolo42

    Rolo42 Registered Member

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    3 hours is not an "unprecedented" trading halt (9/11, snow, hurricanes were multi-day).

    America won't collapse over trading disruptions; that's silly.
     
  12. Rasheed187

    Rasheed187 Registered Member

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    Damn, I missed out.

    I have a feeling that the outage was caused by "hackers", but it would be too embarrassing to admit.
     
  13. hawki

    hawki Registered Member

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    I believe if there was in fact a hack, the issue would not be embarrassment, but rather a loss of confidence, which could have serious consequences that would ripple through the financial sector.

    I don't believe the NYSE would ever admit to a major hack. News would come only through a leak.
     
  14. marzametal

    marzametal Registered Member

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    I think it was one of the borked Windows Updates!

    Also, as a previous poster mentioned about USA going down if Wall St crashes... it's not just USA that goes down, they'll take the rest of the world down with them...

    Bring back Glass-Steagall!
     
  15. hawki

    hawki Registered Member

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    "And all The King's horses and all The King's men, Couldn't put Glass-Steagall together again."

    Maybe if we ever see the day they take big money out of politics. But ATM there are literally billions that would be spent to block it. And sadly, the financial industry has been so widely restructured since it was repealed, some valid reasons actually exist for keeping it dead. Would be a complex task to roll back the changes in the industry because of it's foolhardy repeal. Anyways, it's always a good idea to repeal post-1929 legislation that was specifically enacted to prevent another depression.
     
  16. hawki

    hawki Registered Member

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    "Were the NYSE, Wall Street Journal and United Airlines Hacked?....

    ...What went wrong? Computer glitches, reportedly. But is there more to the story? Jonathan Sander, strategy and research officer at data security company Stealthbits Technologies, told us there’s no reason to doubt the strong statements both United and the NYSE (pictured) made via Twitter about their respective outages.
    'But what does it say that this is the first thing everyone assumes? If you went to a clothing store on Main Street and there was a ‘we’ll be back’ later sign in the window, would you assume a thief had broken in?' Sander asked. 'It’s very clear that the good guys are not winning the PR battle in the digital security world. We all assume the bad guys can take down any sized company at any time...........

    NYSE President Tom Farley said an SEC (U.S. Securities and Exchange Commission) software update that morning could have triggered the outage. With that in mind, Baikalov asked a pointed question: Was it really that much cheaper to deploy system-wide changes right before the opening bell, and bring the whole thing down, than to execute a careful deployment overnight, with sufficient time for testing and reversing the changes if needed?..........'”

    http://www.enterprise-security-toda...ted-Hacked-/story.xhtml?story_id=022002GT948W

    The extreme and complex interdependence/interconnection of our vulnerable technological-based economy is frightening.
     
  17. hawki

    hawki Registered Member

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    For Conspiracy Theorists and Tin-Foil Hat Wearers Everywhere. A little bit of humor (hopefully :) )

    http://www.motherjones.com/politics/2015/07/nyse-glitch-hack-china-cia-cyber-isis

    Re: The Norse map in the above "article":

    Fascinating website, for those like myself who did not know about it:

    http://map.norsecorp.com/

    "
    "Norse Dark Intelligence

    Every second, Norse collects and analyzes live threat intelligence from darknets in hundreds of locations in over 40 countries. The attacks shown are based on a small subset of live flows against the Norse honeypot infrastructure, representing actual worldwide cyber attacks by bad actors. At a glance, one can see which countries are aggressors or targets at the moment, using which type of attacks (services-ports)...

    Norse exposes its threat intelligence via high-performance, machine-readable APIs in a variety of forms."
     
    Last edited: Jul 13, 2015
  18. Rasheed187

    Rasheed187 Registered Member

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    LOL, exactly my point.

    Well, the issue would be both. If it was indeed a "hack", then I sure hope they will boost their defense.
     
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