What are the consequences of not conducting stress testing?
Not conducting stress testing can lead to system failures, data loss, and financial losses due to unpreparedness.
Can you give me an example of a failure due to lack of stress testing?
Sure! One example is the 2012 Knight Capital Group incident, where a software glitch caused a $440 million loss in just 45 minutes.
How often should stress testing be performed?
Stress testing should be performed regularly, especially before major updates or changes to the system, and at least annually.
What are some best practices for stress testing?
Best practices include defining clear objectives, simulating real-world scenarios, and analyzing results to improve system resilience.
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