Comment on One line of code caused AT&T to lose $60 million
drolex@sopuli.xyz 11 months ago
If one single line of code can make you lose $60M, surely you’ll ensure due review processes and independent QA and clear requirements and regular audits and a middle management not only doing KPI monitoring for a failing upper management. Right? Rrrright?
Hahahaha, you’re kidding right? I shit you not, I’ve literally seen a single line change almost cost a company £150MM during testing because “we need to test in prod because the guy we need to run the test hasn’t got access to the QA environment”
Best part was the actual change, there was a bug where a number that should’ve been divided by 100 was being multiplied by 100, the Dev somehow managed to implement the fix in such a was that the number was multiplied by a further 100.
Knight Capital Group lost $440 million in just 45 minutes due to a repurposed feature flag.
henricodolfing.com/…/project-failure-case-study-k…
Kinda makes the att one seem tiny in comparison.
FlyingSquid@lemmy.world 11 months ago
AT&T made 120.74 billion in 2022. They can afford a lot of bad code.
NewNewAccount@lemmy.world 11 months ago
Revenue is not profit.
gravitas_deficiency@sh.itjust.works 11 months ago
With a +/-0.1% margin of error, the difference between $60M and $70B is $70B.
FlyingSquid@lemmy.world 11 months ago
Do you think their profits will be dented by a $60 million loss?
MxM111@kbin.social 11 months ago
“60,000 people lost full phone service, half of AT&T's network was down, and 500 airline flights were delayed”
FlyingSquid@lemmy.world 11 months ago
I’m sure AT&T care about that due to their humanitarian nature.
MxM111@kbin.social 11 months ago
AT&T is not humanitarian non-profit company. It should worry about increasing its profits by providing people with good product so that people choose them over competition.