this post was submitted on 04 Aug 2023
305 points (99.7% liked)
Asklemmy
43817 readers
905 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Knight Capital - They were biggest equities trader in 2012. They manually deployed code and didn't get configuration right and it reactivated "Powder Peg". They lost $460 M in 45 minutes and went bankrupt.
The program was called "Power Peg" for those googling for it. It was a test program not intended to be used on the live market.
The Worst Computer Bugs in History: Losing $460m in 45 minutes
I get the impression that power peg is a risky google.
Thanks for sharing. This is exactly the kind of blunder I had in my mind when asking the question, a seemingly silly mistake like forgetting to do something causing way too much trouble!
It's actually a good case for why you needed devops and an automated build/release
Talk about a Nanosecond Buyout!