Deutsche Bank Says Software to Detect Money Laundering Had a Bug
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Re: Deutsche Bank Says Software to Detect Money Laundering Had a Bug
#2Bug or feature?
Also, wonder how they're verifying "The bank maintained that no suspicious transactions had slipped through as a result."
Re: Deutsche Bank Says Software to Detect Money Laundering Had a Bug
#3It would be interesting to know what the bug is.
I can't translate the German site as I can't really get to it due to a popup.
A math problem, just not checking some transactions, something else?
Re: Deutsche Bank Says Software to Detect Money Laundering Had a Bug
#4Bug or feature? Also, wonder how they're verifying "The bank maintained that no suspicious transactions had slipped through as a result."
Rerun a new release over the mutation log that it previously watched :)
Re: Deutsche Bank Says Software to Detect Money Laundering Had a Bug
#5Bug or feature? Also, wonder how they're verifying "The bank maintained that no suspicious transactions had slipped through as a result."
1. fix bug, run through the data again
or
2. get a bunch of low level analysts or interns to review all past transactions
Re: Deutsche Bank Says Software to Detect Money Laundering Had a Bug
#6It would be interesting to know what the bug is. I can't translate the German site as I can't really get to it due to a popup. A math problem, just not checking some transactions, something else?
"In one of these applications, two of the 121 parameters were not defined correctly. What the exact parameters are, the speaker did not want to say."
Is all the further information in the German article.
Re: Deutsche Bank Says Software to Detect Money Laundering Had a Bug
#7Bug or feature? Also, wonder how they're verifying "The bank maintained that no suspicious transactions had slipped through as a result."
They should do some back testing to verify the validity of the updated software. This would uncover past fraudulent activity and possibly any new bugs introduced by the fix.
Re: Deutsche Bank Says Software to Detect Money Laundering Had a Bug
#8how convenient, with this in context https://www.nytimes.com/2019/03/18/business/trump-deutsche-b...
Re: Deutsche Bank Says Software to Detect Money Laundering Had a Bug
#9How incredibly convenient.
Re: Deutsche Bank Says Software to Detect Money Laundering Had a Bug
#10It would be interesting to know what the bug is. I can't translate the German site as I can't really get to it due to a popup. A math problem, just not checking some transactions, something else?
"In one of these applications, two of the 121 parameters were not defined correctly. What the exact parameters are, the speaker did not want to say." Is all the further information in the German article.
Thank you.