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Software Concepts

Submitted by mgr810 on May 19, 2006

Category: Technology
Words: 2075 | Pages: 9
Views: 151
Popularity Rank: 75,267
Average Member Grade: N/A (Add a Comment / Grade this Paper)

What are some recent major computer system failures caused by software bugs?

In early 2006 problems in a state's financial monitoring software resulted in incorrect election candidate financial reports being made available to the public. The state's election finance reporting web site was shut down until the software was repaired.
Trading on a major Asian stock exchange was brought to a halt in November of 2005, reportedly due to an error in a system software upgrade. The problem was rectified and trading resumed later the same day.
A May 2005 newspaper article reported that a major hybrid car manufacturer had to install a software fix on 20,000 vehicles due to problems with invalid engine warning lights and occasional stalling. In the article, an automative software specialist indicated that the automobile industry spends $2 billion to $3 billion per year fixing software problems.
Media reports in January of 2005 detailed severe problems with a $170 million high-profile U.S. government IT systems project. Software testing was one of the five major problem areas according to a report of the commission reviewing the project. In March of 2005 it was decided to scrap the entire project.
In July 2004 newspapers reported that a new government welfare management system in Canada costing several hundred million dollars was unable to handle a simple benefits rate increase after being put into live operation. Reportedly the original contract allowed for only 6 weeks of acceptance testing and the system was never tested for its ability to handle a rate increase.
Millions of bank accounts were impacted by errors due to installation of inadequately tested software code in the transaction processing system of a major North American bank, according to mid-2004 news reports. Articles about the incident stated that it took two weeks to fix all the resulting errors, that additional problems resulted when the incident drew a...

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