
On May 6th, 2010 the stock market took a sudden 800 point drop. Investors didn’t know what had happened. The securities exchange commission also had no immediate idea of what had happened. Traders got scared that they lost a lot of money. Some stocks went down to a couple dollars and in some cases zero. So investors started buying share thinking they were getting them at an awesome price while others tried to sell their stock to try to get what little money they had left. The securities exchange common had to void every stock transaction in a twenty minute time frame to immediately remedy the problem. They still were not completely sure of what had happened. Then news broke that someone may have hit the wrong key on a keyboard that may have caused the massive dip. My first reaction was immediate shock that it was even possible. I couldn’t fathom that this day and age our society could be so strong in ways and yet could have enormous security treats in our economy. That brings me to my question, will modern technology ever bring us new terrorist attacks on our economy? If something could happen that easily, could hackers from over seas get into the markets and use technology to cause a major economic meltdown? It should bother all of us that pressing a key could threaten global livelihood. Economic terrorism will always be on the mind of terrorist, because it is a way to affect america and other countries as a whole. Hopefully these security holes with be completely sealed one day but these days evil is still just behind good.
