Does antiquated computer coding put our financial institutions at risk?
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Does antiquated computer coding put our financial institutions at risk?
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Description
Today on NOW and NEXT: October if Cyber Security Month, so we're taking the opportunity to feature a recent episode of 1 Click 2 Cyber Chaos. Host Kym Geddes asks...
show moreOctober if Cyber Security Month, so we're taking the opportunity to feature a recent episode of
1 Click 2 Cyber Chaos. Host Kym Geddes asks whether we should be concerned to know the global financial sector is run on a legacy language that fewer and fewer coders can understand or write.
What would happen if there were no coders left who knew how to keep your banking services running? Or your mortgage safe?
That’s where we are with COBOL. It is a six-decades-old computer programming language with too few coders left to run it. A challenge that has remained largely invisible to the public.
in this episode of 1Click2CyberChaos, we investigate the problem and discover modern-day solutions that may save us and our money from Armageddon. Our guests include two former COBOL coders, Michael Cody and Steve Steuart, and New York Times tech journalist Clive Thompson.
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