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London Stock Exchange contractor ‘suspended’ after huge IT hit
- Powerscroft 16y agoThe exchange needs ot come clean about what happened. There is too much speculation.
- gaius 16y agoOn the contrary, there's just not enough of the right kind of speculation ;-)
- DMPenfold2008 16y agoGaius, I wonder if one vendor or trading firm was trying to cause trouble for another...
- gaius 16y agoUltimate insider trading, inside your rival's infrastructure...
- jdp23 16y agoSome backstory from the article: "Last month, the LSE made the important step of allowing more IT personnel into its datacentre, expanding co-location beyond trading firms and to software firms – to install hosted systems and their own market data distribution platforms. It is not known if any of this raft of new companies entering the datacentre played a part in the outage."
- swombat 16y agoI wonder how the contractor did this. If it was a physical attack (unplugged a bunch of cables), then it would mean that the LSE has a rather weak SPF vulnerable. If it was a software attack, it's probably even worse: it means that developers have way too much access to the production systems. In a startup, it's fine (necessary even) for devs to get access to production, but in a large financial institution, that's a huge no-no, both in terms of data protection issues and security.
- gaius 16y agoHFT relies on colocation, which means, there's only a cage between different vendor's hardware.