Risky business - bets at scale to mitigate risk
How do you deal with an infinite number of risks in a finite amount of time?
This talk shares the methods and 4 big questions we ask at Shopify to mitigate risks at scale. We prepare our large, complex, globally distributed infrastructure systems for Black Friday Cyber Monday (BFCM). We ask key questions to understand what are our risks, what do we mitigate, who makes what decisions, and how do we communicate. Hear about real scenarios at Shopify where we proactively and reactively managed technical, operational, and financial risk.
We also learn from poker pros and engineers managing hurricane risk to take a probabilistic approach to risk mitigation.