Mizuho Securities Lost $225 Million When

question 13

Multiple Choice

Mizuho Securities lost $225 million when

• A) hackers broke into its trading system and raided the accounts of 10,000 of its most important customers.
• B) a bug in its billing system caused it to send out improper invoices to 10,000 of its most important customers.
• C) a bug in its currency trading system caused it to sell yen and purchase dollars when it should have purchased yen and sold dollars.
• D) it tried unsuccessfully to automate the Tokyo Stock Exchange.
• E) one of its employees mistyped a sell order, and a bug in the Tokyo Stock Exchange trading program made it impossible to cancel the order.

---

Definitions:

Attitudes and Beliefs

The feelings and convictions that influence how individuals perceive and react to their environment and make decisions.

Stimulus Discrimination

The process by which individuals or organisms learn to respond differently to various stimuli that are not identical.

Selective Retention

The process by which individuals remember only information that is consistent with their beliefs or attitudes, ignoring contradictory information.

Selective Comprehension

The process by which consumers interpret information in a way that aligns with their existing beliefs and attitudes, often leading to distorted perceptions.