Stock trading has halted today at 11:32 EST, due to technical issues with their information systems. UPDATE: currently at 13:20 EST trading has resumed a reduced rate, approximately 20% full capacity.
The NYSE asserts "issue we are experiencing is an internal technical issue and is not the result of a cyber breach." However how honest and transparent will the NYSE be if it was a cyber attack? There is also the fact that any cyber attack could go undiscovered by officials and investigators for months as they research the "glitch". The old adage "We don't know what we don't know." fits in here well.
The exact cause of the issue is still unknown officials say. I say how can you say what it is not when you do not even know what it is?
Current trends has me thinking that there is more to the story then what is being let on to. Coincidentally, earlier today United Airlines halted all flights for 2 hours, due to "Network connectivity issue" also not a cyber attack according to officials.
There has been warnings by DHS over a year ago, regarding the Stock Exchange as at target for cyber criminals.
Back in January 2015 the US and UK stated they were to "stage" cyber-war games in the neer future... Could this be the result?
What does an all this mean, not much now. Prolonged disruption may cause issues though. I feel this will be resolved soon. It can't hurt to have some extra cash on hand I supose.
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