Comments on: New Terrorism: Five days in Manhattan

By: grrr

grrr — Fri, 04 Jun 2010 17:35:33 +0000

Interesting... So you think that due to increased algorithmic conformity we've had something similar to "resonance" or "water hummer" effect in the market?

By: Garrett

Garrett — Fri, 04 Jun 2010 16:27:15 +0000

Thank you for laying it out so clearly. I’m sure some cyber-hacks were paying close attention. One motive that you did not mention was the opportunity for short sellers.

By: DWPittelli

DWPittelli — Fri, 04 Jun 2010 15:15:15 +0000

Perhaps car bombs do not pose an “overarching risk to western societies” — but imagine one going off every few days for a while. It would be 50 times worse than the DC sniper; remember how freaked out and paralyzed many people were about that? Even if random shopping malls were taken out around the country once a week, within 3 weeks they would be abandoned by shoppers nationwide. Fortunately we see that few people in this country are willing and capable of such missions, which of course would eventually end in capture or death for the participants even if they were not suicide missions.

By: jacqueline Herships

jacqueline Herships — Thu, 03 Jun 2010 11:33:27 +0000

One avenue for cyber-terrorism is our vulnerable voice over IP telephone system. Because it is so apparently cost effective our society is galloping towards use of Voip which is so open to spying / espionage, hacking, intrusion, identity and intellectual property theft, and the worst on a societal level — distributed interruption of service. But that cost is an illusion — one effect will be spiraling costs of insurance as awareness of these problems surfaces. To bring attention to the overall problem we have focused on this practical issue in a report: http://finance.yahoo.com/news/VoIP-CyberSecurity-Risks-bw-19…0&;. Please take a look. We (Emerson Development) also have a plan for shoring up telephony which comes from the source — the telecoms, rather than the newly developing add on security industry.