Article Exposes Limitations of Verizon's Lower Manhattan Network
Today, The New York Times published an about the vulnerability of the Verizon infrastructure in Lower Manhattan and the problems that resulted from the World Trade Center attack. The article provides a detailed (non-technical) explanation of the vulnerability of the Verizon facility at 140 West Street. This building is so close to the World Trade Center that falling rubble and steel girders hit it, damaging switching gear dedicated to J.P. Morgan Chase.
It appears that the financial services companies that supposedly have technology risk assessment programs were caught with their pants down. According to the article, "Only after Sept. 11 did executives from the financial services industry in Lower Manhattan come to realize just how many of its eggs were in that one 75-year-old building."