Fall World 2014

Conference & Exhibit

Attend The #1 BC/DR Event!

Summer Journal

Volume 27, Issue 3

Full Contents Now Available!

March 12, 2014

Why Software Testing Can't Save You From IT Disasters

CIO — On the day of Facebook's IPO, a concurrency bug that lay hidden in the code used by Nasdaq suddenly reared its ugly head. A race condition prevented the delivery of order confirmations, so those orders were re-submitted repeatedly.

UBS, which backed the Facebook IPO, reportedly lost $350 million. The bug cost Nasdaq $10 million in SEC fines and more than $40 million in compensations claims — not to mention immeasurable reputational damage.

So why was this bug not discovered during testing? In fact, how did it never manifest itself at all before that fateful day in 2012?

...

http://www.cio.com/article/749493/Why_Software_Testing_Can_t_Save_You_From_IT_Disasters