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Interactive Brokers trading software bug cost them $113M
- ipnon 6y agoSome provocative napkin math: Average dev salary in the US: ~$100,000 113M / 100,000 = 1,113 Would it have been cheaper for Interactive Brokers to have hired another 1,112 software engineers? What about 111.2 security experts commanding $1M salaries? Maybe they could have given $10M prizes to the top 11 researchers in formal verification. Do security vulnerabilities impose meager wear-n-tear costs on businesses and economies? Or is the cost more like that of a natural disaster?