Millennium bug

From ACT Wiki
Revision as of 21:23, 8 February 2016 by Doug Williamson (Talk | contribs) (Create the page. Sources: National Geographic ; The Treasurer, February 2016, page 40.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

A perceived problem with computers around 31 December 1999, relating to the way in which they store dates.

The problem was that years were stored in some systems as two digits - for example '99' - rather than as four digits (1999 in this case).

The concern was that date-dependant computer systems might fail around 1 January 2000, if they mis-coded or mis-interpreted the date.

Some concerned individuals and businesses withdrew their funds from banks around this period.

Also known as the 'Y2K bug'.

See also