Cybersecurity

By Ben Bain

Blog archive

White House dismisses cyberattack as culprit in Dow Jones plunge

There’s no indication that a cyberattack was behind the Dow Jones industrial average’s nearly 1,000-point plummet and the partial rebound on May 6, according to White House Counterterrorism and Homeland Security Adviser John Brennan.

“To my knowledge there’s no indication that it was” the result of a cyberattack, Brennan said during a May 9 Fox News Sunday interview. 

Some people have speculated that the plunge could have been caused by some sort of electronic attack on computer systems integral to trading. Officials continue to investigate what caused the incident.

Posted by Ben Bain on May 10, 2010 at 12:12 PM


Featured

  • Contracting
    8 prototypes of the border walls as tweeted by CBP San Diego

    DHS contractors face protests – on the streets

    Tech companies are facing protests internally from workers and externally from activists about doing for government amid controversial policies like "zero tolerance" for illegal immigration.

  • Workforce
    By Mark Van Scyoc Royalty-free stock photo ID: 285175268

    At OPM, Weichert pushes direct hire, pay agent changes

    Margaret Weichert, now acting director of the Office of Personnel Management, is clearing agencies to make direct hires in IT, cyber and other tech fields and is changing pay for specialized occupations.

  • Cloud
    Shutterstock ID ID: 222190471 By wk1003mike

    IBM protests JEDI cloud deal

    As the deadline to submit bids on the Pentagon's $10 billion, 10-year warfighter cloud deal draws near, IBM announced a legal protest.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.