Given that the technical resources at the NYSE are significant and the lengthy duration of the outage, I believe this is more serious than is being reported. OTOH, the fact that the market is now mostly decentralized and instruments are multiply listed, the impact of the NYSE is much less serious than it used to be.
On Jul 8, 2015, at 1:18 PM, Paul Ferguson <fergdawgster@mykolab.com> wrote:
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Given that the Internet is held together with paper clips, bailing twine, and bubblegum, I'd prefer to take theses organizations' initial word for the fact that there is nothing obviously malicious in these outages.
The mainstream press, on the other hand, seems to want it to be a hack or data breach or... something other than a "glitch". :-)
- - ferg
On 7/8/2015 10:15 AM, Mel Beckman wrote:
It's important to not form an opinion too early, especially anyone involved with forensic analysis of these systems. This is a classic fault in amateur investigation: an early opinion will lead you into confirmation bias, irrationally accepting data agreeing with your opinions and rejecting that disproving it.
-mel beckman
On Jul 8, 2015, at 10:07 AM, Paul Ferguson <fergdawgster@mykolab.com> wrote:
NYSE: "The issue we are experiencing is an internal technical issue and is not the result of a cyber breach."
https://twitter.com/NYSE/status/618818929906085888
United Air statement CNBC: “An issue with a router degraded network connectivity for various applications. We fixed the router."
https://twitter.com/barronstechblog/status/618816643821633536
- ferg
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