The actual SEC report is relatively short - and surprisingly accessible.
That is a good read, thank you. Didn’t have procedures, had two different brokersge systems running at once because they’d no procedures to follow, lost a fortune.
I’m thinking it’s the "most expensive bug in history so far - haven’t seen an accurate total for CrowdStrike’s little faux pas, yet.
We can argue on whether it’s a “bug” outright (since it is technically a correct implementation of a faulty design), but Boeing’s MCAS pitching the plane based on the input of a singular faulty sensor has probably caused billions in direct damages, and billions more in reputational damage.
NULLreferences (which Crowdstrike is an instance of) are often referred to as “the billion dollar mistake”, but the actual cost of “historical” languages skimping out on optionally-nullable types is certainly in the trillions.
Quora just sucks big time
Weird that they used quora of all places this news was reported.
May I ask why? Edit: A genuine question. Sometimes Quora answers popup in my search, but I didn’t see any particular problem with it. Other than the AI answers.
Not OP but I’ve noticed a lot of racists, extreme right nationalists, religious chauvinists, etc. Which sucks because the concept is quite cool and I’d love to be able to jump from one question to the next, but pretty quickly I get irritated and have to close it.
Mhmm, okay then. So that means not enough or good enough moderation. I will keep an eye if I see such search results again.
I spent countless hours writing quality content there. Fuck quora. I’ll never make any content for companies again.
Now what was the cause of the bug? Fat fingering human error during release.
There isn’t a singular “the” cause usually, and if we do want to press for it, I’d say an aggressive deadline for a major product that needs engineers to slave away was the cause. At that point bugs become stastically inevitable. Whoever decided on that promised deadline was the first responsible person.
And nothing of value was lost
