An article on automated securities trading has been posted on Ars Technica. Much like the medical radiation article I posted last week, this is an excellent example of what happens when we outsource our responsibilities to technology. This time, a single errant mouse click led to a denial-of-service attack against the NYSE and a $150k fine for the good people at Credit Suisse.
Buffalo, bytes, biking, books, and bile.
“The messages clogged the tubes and caused parts of the exchange to freeze up, affecting trading in 975 stocks. ”
Holy crap! The internet is a series of tubes!
Well, it’s not something that you just dump things on, like a truck.