The cybercorp, a global human-electronic creature with conditioned reflexes and a nervous system, has certain types of behavior inherent in its rules and mechanisms. It may, under certain circumstances, behave in ways which we do not anticipate or do not understand. It may have surprises in store. The surprises can be pleasant or unpleasant.

On Black Monday, October 19, 1987, Wall Street, with almost no warning, crashed 508 points. It was a collapse that almost all investors at the time thought was not possible. The crash was made large and precipitous by the electronic systems in use. Chaos spread rapidly to every stock exchange on the planet.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access