If you’ve read the news lately, you’ve seen headline after headline (some, even on our blog) about computer glitches, technical failures, software risk, and hacks. The health of applications is now under more microscopic attention than ever before – because no matter whether internal or external causes prompt a software outage, the security and stability of your applications are paramount.
In 2014, the IT infrastructure at the Federal government’s Office of Personnel Management (OPM) was upgraded from a security rating of “material weakness” to one of “significant deficiency,” according to The Wall Street Journal’s CIO Report. Which means that the OPM, even after upgrading to mitigate software risk, wasn’t up to snuff. That is – to put simply – unacceptable. It is also both a dismal and infuriating fact to learn – especially for those who were among the 21 million present and past Federal employees, revealed last week, to have had their Social Security numbers and other personal information stolen in the recent data breach.
We’re sure that by now, you’ve seen all of the stories about last week’s computer turmoil at the New York Stock Exchange, United Airlines, the Wall Street Journal, and TD Ameritrade. And as a top-level executive you’ve probably launched an internal review, or at least asked yourself, “Could it happen here?”
The simple answer is, unfortunately, “yes, it most definitely could.”
Understanding Software Risks Created by Poor Application Development and Release Practices
While the conditions that drive software project managers, development teams and their leadership are often in the best interest of the company, they sometimes fail to recognize the software risks introduced to the business by these decisions or behaviors. A review of the latest software risks affecting businesses illustrates that development organizations are notoriously poor at managing software development processes such as releases and evolutions.
Last Wednesday the Royal Bank of Scotland (RBS) underwent an IT failure which withheld 600,000 payments from customer accounts. This occurs seven months after RBS was fined ₤56 million due to an IT Crash in 2012 that impeded customers from accessing their online accounts. The poor system performance has caused difficulties for customers and shock from the banking community.
Giovedì 11 Giugno 2015 ha avuto luogo la IV Edizione della CAST CIO Conference. Ringraziamo i numerosi aderenti alla manifestazione che hanno contribuito al successo di questo evento consentendoci di analizzare, traendo spunto dai più recenti casi di malfunzionamento di applicazioni “mission critical”, le strategie di prevenzione dei rischi attraverso la misurazione della qualità strutturale degli asset applicativi critici.
We currently live in a futuristic world that past generations could only dream of. News, weather, updates from friends all over the world come pouring into our computers and smart devices and we don’t even think twice about the IT risk. Whether we’re at home with family, socializing with friends, or even working, technology is constantly surrounding us in one way or another.
Our reliance on technology is so heavy in fact, we often forget about the science behind it and how much goes into the IT risk management to support it. Beneath the surface of our most frequently used apps, social media accounts, games, and programs, highly complex software and code is constantly operating to maintain a satisfied user experience. Even non-tech businesses now realize they would not be able to function in today’s world without effective technological resources.