Dev Loses $440 Million in 28 minutes, Chaos Ensues

Video Description

In this video, we take a deep dive into the disaster that occurred at Knight Capital Group, an American global financial services firm engaging in market making, electronic execution, and institutional sales and trading, on August 1st 2012. Whether you're a pen tester, security researcher, software engineer, or cyber security expert, having a solid foundation of test automation, DevOps, and automated deployment practices are critical. 0:00 - Prologue 1:06 - Overview 2:42 - Dark Pools 4:28 - RLP 5:14 - SEC Approval 5:43 - SMARS WE HAVE A DISCORD NOW! https://discord.gg/WYqqp7DXbm Doug Seven's report: https://dougseven.com/2014/04/17/knightmare-a-devops-cautionary-tale/ SEC filing: https://www.sec.gov/files/litigation/admin/2013/34-70694.pdf Henrico Dolfing's report: https://www.henricodolfing.com/2019/06/project-failure-case-study-knight-capital.html MUSIC CREDITS: LEMMiNO - Cipher https://youtu.be/b0q5PR1xpA0?si=pUNJUB-ra1ulTJtI CC BY-SA 4.0 LEMMiNO - Firecracker https://youtu.be/epmoV2HRs9U?si=Rljr2wC0SKYFEruJ CC BY-SA 4.0 LEMMiNO - Nocturnal https://youtu.be/epmoV2HRs9U?si=Rljr2wC0SKYFEruJ CC BY-SA 4.0 LEMMiNO - Siberian https://youtu.be/epmoV2HRs9U?si=Rljr2wC0SKYFEruJ CC BY-SA 4.0 #programming #software #softwareengineering #computerscience #code #programminglanguage #softwaredevelopment #hacking #hack #cybersecurity #exploit #tracking #softwareengineer #vulnerability #pentesting #privacy #spyware #malware #cyber #cyberattack #bugbounties #ethicalhacking #lowlevelsecurity #zeroday #zeroday #cybersecurityexplained #bugbounty #injection #breach #Zoom #knightcapital #marketmaking #devops #deployment #databreach #testautomation #QA #disasterrecovery