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operational risk

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Efficient Ops
Efficient Ops
Nov 26, 2024 · Information Security

When Ops Go Wrong: Real Database Deletion Cases and Their Legal Fallout

This article reviews several high‑profile incidents where operations staff deleted or sabotaged critical databases, detailing the legal consequences, financial losses, and lessons for improving security and operational safeguards.

Information Securitydata loss preventiondatabase security
0 likes · 7 min read
When Ops Go Wrong: Real Database Deletion Cases and Their Legal Fallout
Architect
Architect
Nov 17, 2023 · Information Security

A Real-World Incident of Accidental Public Snapshot Sharing and Lessons Learned

The author recounts a 2018 incident where a cloud disk snapshot was unintentionally made public, exposing customer data, and shares a detailed reflection on the operational mistakes, risk management failures, and recommended safeguards for high‑risk cloud operations.

Data SecurityIncident Responsecloud computing
0 likes · 9 min read
A Real-World Incident of Accidental Public Snapshot Sharing and Lessons Learned
Architecture Digest
Architecture Digest
Feb 28, 2020 · Information Security

Insider Data Deletion Incident at Weimob Causes Over HK$1 Billion Loss

In late February 2023, a core operations engineer at Weimob maliciously accessed the internal network and deleted production data, causing a 24‑hour outage of numerous merchant mini‑programs, leading to over HK$1 billion in market value loss and prompting legal action.

Cloud ServicesInformation SecurityWeimob
0 likes · 5 min read
Insider Data Deletion Incident at Weimob Causes Over HK$1 Billion Loss
Efficient Ops
Efficient Ops
Jan 19, 2020 · Operations

Why TSB’s $3 Billion Data Migration Failed: Testing, Risk, and Lessons Learned

The article examines the disastrous 2018 TSB bank data migration, detailing how rushed system replication, inadequate testing, and complex micro‑service architecture caused massive data loss, regulatory fallout, and costly remediation, while highlighting broader lessons for IT operations and resilience in financial services.

IT resiliencebankingdata migration
0 likes · 17 min read
Why TSB’s $3 Billion Data Migration Failed: Testing, Risk, and Lessons Learned
DevOps
DevOps
Mar 25, 2016 · Operations

Case Study: The 2005 Mizuho Securities Fat‑Finger Trading Error and Its Legal Aftermath

The 2005 Mizuho Securities “fat‑finger” incident, caused by a trader’s input error and a hidden bug in the Tokyo Stock Exchange’s Fujitsu‑built trading system, led to a ¥400 billion loss, sparking extensive litigation that highlighted responsibilities for software bugs, system testing, and operational risk management.

financial systemslegal caseoperational risk
0 likes · 12 min read
Case Study: The 2005 Mizuho Securities Fat‑Finger Trading Error and Its Legal Aftermath