Rene Papesch, CTO at Riskwolf popped back on the pod to address another unanticipated event that rocked the entire internet.  Somebody accidentally (?) messed up Facebook's Border Gateway Protocol settings and all of the company's properties vanished from the internet.
Nobody is better than Rene at explaining these scenarios.  He discussed:

BGP is a standardized exterior gateway protocol designed to exchange routing and reachability information among autonomous systems
Because of the BGP config error, even internal tools could not work…so someone likely had to physically go to the data center(s) and remedy this
Due to this network problem, some employees could not even enter the FB offices
The implication of Facebook's ads not running and the resulting loss in sales as well as reputational risk
What is the recourse for those impacted?
The second and third-order effects may have seemed like DDOS attacks on the rest of the internet
ISPs, Telcos and other services were overloaded and overwhelmed leading to widespread system time outs
Reach out to Riskwolf if you are interested in parametric insurance for internet outages

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