Time 2017-03-20
The world's costliest typos
On March 2, Amazon blamed a rogue typo for a five hour outage on some web services, which cost U.S. companies an estimated $150 million. Here are some other pricey keyboard blunders. - Tara John $614 BILLON
Accidental orders of Japanese stock worth more than the GDP of Sweden had to be canceled in 2014, in what is believed to be the largest "fat finger" (caused by keyboard error) trade ever.
$6 BILLION
A junior staffer at Deutsche Bank accidentally paid this 10 figure sum to a U.S. hedge fund in 2015 by processing the wrong type of trade. The bank recovered the funds the next day. $14 MILLION
Taylor & Sons Ltd. was accidentally listed as having gone bust on the U.K.'S register of companies in 2015 when its name was misspelled. The British government had to pay the firm’s owners millions in compensation.
last updated: Mon 2017-03-13 7:05 AM