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Comment by hdjjhhvvhga

5 years ago

> but a bank is definitely not one of them

Investment banks are basically risk-management shops. The partner made an assessment and evaluated the potential benefits as higher than risks. Note the word "probably".

Also worth mentioning that "unapproved software" on bank infrastructure is what an aggressive prosecutor would call "felony bank hacking".

  • Almost definitely false. Provided you weren't doing anything intentionally malicious with it, the risk would be that regulators might fine the bank for inadequate controls. As such, the bank might fire you for doing something that could lead to such a situation, but I don't see a criminal charge. There was actually quite a decent bit of "unapproved" software in use at one of the banks I worked in - mostly stuff that was in the process for approval, but that could take forever, so it was reasonably common for teams to run through the checks themselves (security scan, license review, etc) and move forward while the official review confirmed no issues.

    • Well the login message I was greeted with on every ssh connection certainly threatened criminal prosecution for unapproved software at the extremely large bank I worked at.

      Unlikely? Sure. But a lawyer somewhere thought it was worth reminding me 10x/day, so going to assume it's possible provided your unauthorized software caused a serious monetary loss.