Financial markets experienced the second technical glitch in less than a week on Monday morning. Premium stocks displayed prices at a 99 percent discount.
Also, speaking from professional IT experience, there is no such thing as a glitch.
(There always are things that occur and to be analysed and fixed, but the more critical the data is or the transactions are, the more robust things are built/done.)
Like “hacking.” The vast majority of breaches are accomplished by password acquisition or social engineering. Why try to break 128-bit AES encryption when I can see your dog’s name on every instagram post? The user is most commonly the weakest point in security.
It seems all these glitches happen when a particular stock is halted. Whats the pattern here?
The pattern is they’re making shit up.
Also, speaking from professional IT experience, there is no such thing as a glitch. (There always are things that occur and to be analysed and fixed, but the more critical the data is or the transactions are, the more robust things are built/done.)
“Glitch” is just the layman’s catch-all term for a problem.
Like “hacking.” The vast majority of breaches are accomplished by password acquisition or social engineering. Why try to break 128-bit AES encryption when I can see your dog’s name on every instagram post? The user is most commonly the weakest point in security.
Especially by these “laymen”, which in fnancials absolutely know what they are doing.