Learn from Knight Capital Group

45 Minutes, $440 Million Lost:
The Knight Capital Knightmare

In 2012, Knight Capital Group suffered a catastrophic loss due to a deployment error that triggered runaway trading algorithms. Incident Drill lets your team practice responding to similar high-stakes scenarios, building resilience and preventing future disasters.

Knight Capital Group | 2012 | Critical Bug (Finance)

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The High Cost of Deployment Errors

The Knight Capital incident highlights the devastating impact of even seemingly small deployment mistakes. Lack of proper testing, insufficient monitoring, and inadequate rollback procedures can quickly escalate into a financial catastrophe.

PREPARE YOUR TEAM

Practice Incident Response with Incident Drill

Incident Drill provides realistic incident simulations based on real-world events like the Knight Capital Knightmare. Teams learn to identify, diagnose, and mitigate critical issues under pressure, strengthening their incident response capabilities and reducing the risk of costly errors.

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Realistic Simulations

Experience high-fidelity incident scenarios based on real-world events.

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Time-Pressured Environment

Practice making critical decisions under the pressure of a live incident.

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Collaborative Response

Improve team communication and coordination during incident response.

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Detailed Post-Mortems

Analyze team performance and identify areas for improvement.

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Customizable Scenarios

Tailor simulations to your specific infrastructure and risks.

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Role-Based Training

Train engineers, SREs, and managers on their specific incident response roles.

WHY TEAMS PRACTICE THIS

Strengthen Your Incident Response Muscle

✓ Reduce the risk of costly errors
✓ Improve team communication and coordination
✓ Increase confidence in incident response capabilities
✓ Identify and address weaknesses in your systems
✓ Train engineers to handle high-pressure situations
✓ Build a culture of continuous improvement

Knight Capital Incident Timeline

8:30 AM EST Deployment of new software (with old 'Power Peg' code)

8:30 - 9:15 AM EST Power Peg begins generating erroneous orders ERROR

9:30 AM EST Trading halted, error identified IDENTIFIED

~9:45 AM EST Knight Capital faces $440 million loss

How It Works

Step 1: Simulation Start

Experience the initial signs of the incident.

Step 2: Investigation

Diagnose the root cause and scope of the problem.

Step 3: Mitigation

Implement solutions to contain the damage.

Step 4: Post-Mortem

Analyze the incident and identify areas for improvement.

EXPLORE MORE

Related Incidents

Ready to Prevent Your Own Knightmare?

Join the Incident Drill waitlist and start training your team to handle critical incidents with confidence. Be prepared for anything.

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✓ Founding client discounts ✓ Shape the roadmap ✓ Direct founder support

45 Minutes, $440 Million Lost:The Knight Capital Knightmare