The neck of the finance woods my employer is in is highly regulated.
Just failing to notify a regulator on time you blocked a transaction attempt involving a sanctioned individual means hundreds of thousands in fines per transaction (not up to, flat 6-digit fine) + potential prison time (can’t remember if it was up to 15 or 20 years)
The major difference is that payment processors and money transfer agents are heavily regulated and require a government issued license to operate. At least KYC is not yet handled by ai…
Bad & meh engineers get praised because they “waste” less time directing ai and reviewing output - barely working is good enough in the race to market.
I’ve seen things as serious as a privileged user for one customer having admin access to all customers being discovered during the last minute pentest literally days before the planned product launch. That product is supposed(and likely will) to move 250M USD for customers in the second half of this year. Under the current policy at my day job, coming all the way from the top, reviewing ai generated code at all should be an exception reserved for 0.1% most critical code. Yes, in finance.
Per gb price of ram is now almost 50% higher than during the peak of COVID price spike that lasted just 3 months. I’m comparing the current gen at the time - ddr4 during COVID vs ddr5 now
Much longer than that. There was a spike in 2021 that brought high end 2x8gb ddr4 kits to about $180-200 but that’s still significantly less than what you pay for decent ddr5 now. I think you’d have to look to back to early DDR3 or even further to DDR2 prices to get higher per gb amounts.
SSD prices were this high briefly (2-3 months) mid-2021. Before that you’d have to look all the way back to times where 1tb was the largest consumer grade SSD you could buy
Fines are usually severely reduced as a part of a settlement, but they do happen. As for prison… for a white collar crime in US? LOL