Thursday, April 25, 2013 | Categories: Episodes
Wall Street Trader, Jonathan CorpinaOn Tuesday at 1:07pm, AP's twitter feed sent out this fake message to its nearly two million followers:
"We immediately just stopped trading. We immediately took a step back took a breath as we're able to do as humans not as machines and not as computers until we were able to really process what was going on and if in fact it was a true headline that was out there." - Wall Street trader, Jonathan Corpina
But technology was one step ahead:
"There was no waiting to see if any of this was real or not. It seemed like the computers kicked right into place way too quickly and we immediately saw the market turn south very quickly." - Wall Street trader, Jonathan Corpina
Markets returned to normal. But according to Mr. Corpina, the role of instant news in the financial world may be changed forever.
Bloomberg reporter, Chris Strohm
Chris Strohm is a reporter for Bloomberg News in Washington, D.C. He's been following the fall-out of this story.
We requested someone from the Associated Press but the company declined.
University of Toronto's Citizen Lab, Professor Ron Deibert
Many of the attacks claimed by the Syrian Electronic Army may appear innocuous. Homepages of media websites such as Al Jazeera were replaced with a picture of the Syrian flag ...or popular Facebook pages spammed with comments supporting the regime of Bashar al Assad.
But does the group pose any actual danger?
Professor Ron Deibert is the director of the University of Toronto's Citizen Lab. The Citizen Lab studies the intersection of the Internet, global security, and human rights. He is also the author of upcoming BLACK CODE: Inside the Battle for Cyberspace, which is being released in May. Rob Deibert joined us in Toronto.
National Security Affairs & Terrorism Expert, Wesley Wark
In the 2007 movie Live Free or Die Hard, John McClane faced a cyber terrorist - a menace who could bring the U-S to a screeching halt with a few clicks of a mouse. And while that type of financial meltdown seemed unrealistic ... after watching 140 characters send the Stock Market spiraling, some wonder just how vulnerable the economy is.
Wesley Wark is a national security affairs and terrorism expert with the Graduate School of Public and International Affairs at the University of Ottawa and he was in Ottawa.
This segment was produced by The Current's Jessica deMello, Shannon Higgins, Catherine Kalbfleisch and Melissa Shaw.
Other segments from today's show: