Observations and models of current disruption in the Earth's magnetosphere are briefly reviewed. At the approach of current disruption onset, the cross-tail current sheet shows a rapid growth in the current density, a large upsurge in the duskward ion bulk speed to nearly the ion thermal speed, an increase in the plasma pressure and its isotropy, a rise in the plasma beta, and a decrease in the current sheet thickness to a length scale comparable to the thermal ion gyroradius. During current disruption, there are (1) large changes in the local magnetic and electric fields, (2) significant magnetic and electric fluctuations over a broad frequency range, (3) magnetic field-aligned counterstreaming electron beams, (4) ion energization perpendicular to the magnetic field, and (5) reduction in the cross-tail current by an amount similar to that built up during the growth phase. Observations further indicate that regions of local reversal of the north-south magnetic field component are not necessarily sites of intense particle energization. Remote sensing of disruption activities shows that at least some current disruptions are not caused by a disturbance propagating earthward from the tail beyond 10 RE downstream. The timescale involved is comparable to or shorter than the ion gyroperiod. Current disruption thus has spatial and temporal scales outside the MHD regime. Several models for current disruption are briefly discussed. Two roles are considered for the cross-field current instability proposed for current disruption. It can provide anomalous resistivity for magnetic reconnection as advocated by the traditional viewpoint or act singly to instigate global changes of the magnetosphere during the initial substorm expansion phase. The latter role is elaborated by showing that the instability may modify significantly the local current density and any such process will alter the force equilibrium in the current sheet and give rise to an efficient plasma and energy transport on a global scale. Furthermore, such a process can generate field-aligned current with intensity comparable to those associated with an auroral breakup arc at substorm expansion onset. This scenario leads to a new emphasis that in addition to magnetic reconnection, rapid conversion of magnetic energy into particle energy in magnetotail systems may take place without a magnetic X line or separatrix playing the key role in energy conversion. ¿ American Geophysical Union 1996