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Moving Decimal Bug Loses Money

November 25th, 2009 11:13 admin

mario.m7 writes “Poste Italiane, the Italian postal service, suffered yesterday from an abnormal computation in ATM and credit card operations, since the decimal comma was not taken into account. The whole sum was therefore multiplied by 100, resulting in a 115,00 Euro transaction being debited as 11.500 Euro! Thousands of accounts are deep in the red and locked (link pumped through translator), so that no more operations are possible. Poste Italiane is gradually recovering the problem, fixing the error and re-crediting the sum debited in excess. Consumer associations have offered support to clients in case this lasts longer and cause damage.”

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