Comment on CrowdStrike downtime apparently caused by update that replaced a file with 42kb of zeroes
driving_crooner@lemmy.eco.br 3 months agoYears ago I read an study about insurance companies and diversification of assets in Brazil. By regulation, an individual insurance company need to have a diversified investment portfolio, but the insurance market as a whole not, so the diversification of every individual company, as a whole all the insurance market was exposed and the researchers found, iirc, like 3 banks that if they fail can they cause a chain reaction that would take out the entire insurance market.
Don’t know why, but your comment made me remind of that.
Angry_Autist@lemmy.world 3 months ago
That’s kind of fascinating, never considered what the results of that kind of regulation can bring without anyone even noticing it at the time. Thanks for a good reading topic for lunch!