See things clearly

Paul Wallis's Blog – October 2011 Archive (3)

Security: Cloud vs. On-premises

Researchers at Ruhr University, Germany, recently informed Amazon Web Services (AWS) of security holes in the AWS cloud architecture, enabling AWS to fix them before any “customers have been impacted”.


The research team believes similar flaws exist in many other cloud services, potentially enabling, ‘attackers to gain administrative…


Added by Paul Wallis on October 28, 2011 at 10:24 — No Comments

HFT and data flow

Yesterday, the International Organisation of Securities Commissions (IOSCO), a global finance industry watchdog, published a report on High Frequency Trading (HFT), and other high-tech trading practices.


The report is a response to the financial ‘flash crash’ of 2010 (and numerous subsequent ‘mini flash-crashes’) in which HFT clearly played some…


Added by Paul Wallis on October 21, 2011 at 11:30 — No Comments

Under pressure: IT and the steam boiler

                ... a charred body, a bent watch, two rubber heels and a torn piece of clothing...

The remains of Chief Engineer David Rockwell were found on March 21st 1905, the day after an industrial explosion and intense fire occurred at the Grover Shoe Factory, Brockton, Massachusetts.


The disaster, in which 58 people were killed and 150…


Added by Paul Wallis on October 14, 2011 at 11:00 — No Comments

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