Though three major American corporations, including New York Stock Exchange (NYSE), cited technical issues for last week’s outage, security expert John McAfee believes some could nevertheless be tempted to attribute the incidents to a cyber-attack. On July 8th, three major American corporations suffered technical difficulties at the same time, in what Wired has termed a cyber-armageddon. McAfee believes timing of the NYSE incident is suspicious As highlighted by ValueWalk, on July 8th, the New York Stock Exchange elected to close trading, causing a four-hour suspension of transactions. In a four-hour period, the NYSE averages about $400 million in trades, highlighting the…
NYSE Outage May Have Been A Cyber Attack: John McAfee
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports
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