Earlier quoted context omitted.
The article says that a risk analysis was done for the system and the risk was found to be “extremely improbable,” meaning between 1 in 100 million to 1 in a billion flight hours. This flight may have been extremely unlucky, or the risk analysis may have been wrong. This is why the behavior of the Egyptian authorities is so frustrating; the purpose of the accident investigation is to see if there are problems that sh…
Also, even if the risk analysis was right, it didn't justify an "extremely improbable" conclusion. If the global airline industry operates a total of about 50 million flights per year, and the average duration is about 2 hours, then we stand a good chance of seeing an accident like this every few years.
Of course, there’s more than one type of airplane in the world, so you do have to wonder if that standard is adequate. I didn’t see how they quantify “unlikely,” but if it’s, say, 1 in 10 then the wide range of aircraft types means many of them will experience a catastrophic failure.
I’d expect this stuff to be gradually tightened. The current standard would have been ridiculous and unobtainable some decades ago. As technology and experience advances, there should be room to improve it further.