Authorize.net appears to be back online. They have yet to make an official statement about the outage. You can view their status page here: https://status.authorize.net/
We will continue to monitor the situation.
Authorize.net remains offline
Authorize.net is providing the following message via their Twitter account:
Thank you for your patience and taking time to reach out to let us know about the system outage. Our engineers are aware and are working to restore services, we apologize for this disruption.
-Authorize.Net Customer Support
IndieCommerce 1.0Authorize.net may cause order issues
Authorize.net is currently down. This will cause ordering and order processing to fail in cases that credit cards are being authorized or charged. We are actively monitoring the situation and will post additional information as it is available.