The glitch economy: Counting the cost of software failures

In today’s increasingly digitalised world, the effect of a software glitch can be dramatic. Take an example from July this year when a glitch caused the stock prices of well-known Nasdaq companies such as Amazon, Apple, Alphabet, eBay and Microsoft to be inaccurately listed on websites well after that day’s closing bell.

Even though the actual prices of the stocks were unchanged, the sites showed some had plummeted in price and others had nearly doubled. Unsurprisingly, many people were fooled and...

By Dalibor Siroky, 30 October 2017, 0 comments. Categories: Data Loss, Data Management, Software, Vulnerabilities.