Malicious Code Insertions
Opportunity
- Normal processes were not followed
- Outside Contractors (many foreign based)
- Due Diligence for contract support not done
- Most business critical code was highest priority
- Business processing received highest priority
- IP systems deemed “business essential” for first time
- Normal pre-production testing processes deferred
- Testing mostly limited to Y2K compliance and functionality
- Security “largely” ignored due to timeline constraints
Impact
- Gartner Group predicts at least one $1BILLION loss to a hacking event associated with Y2K