Comment by Beached
3 hours ago
Someone did the math. Cost of continual maintenance, versus cost of product loss. They determined it wasnt worth the maintenance cost, and accepted that risk. And that risk manifested.
This happens all the time. Unfortunately, in my experience, most of the risk acceptance happens without even really believing in the cost of the risk, and people just accept everything. it is highly likely someone like that accepted this.
And the people that made the decision largely have moved on and cashed their bonuses from saving all that money. It's now someone else's problem.
Management is never held accountable.
The polite term is 'self-insurance', and it's often the right move.