COBOL: Unearthing the Legacy Language That Powers the World’s Money

Oct 11, 2023 · 32m 56s
COBOL: Unearthing the Legacy Language That Powers the World’s Money
Description

What if there were no coders left who knew how to keep your banking services running? Or your mortgage safe? That’s where we are with COBOL. It is a six-decades-old...

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What if there were no coders left who knew how to keep your banking services running? Or your mortgage safe?

That’s where we are with COBOL. It is a six-decades-old computer programming language with too few coders left to run it. A challenge that has remained largely invisible to the public.

Why have we allowed this antiquated banking system to persist despite our willingness to embrace innovation? What are the cyber security and economic risks associated with COBOL transformation initiatives?

I’m your host, Kym Geddes, and in this episode of 1Click2CyberChaos, we investigate the problem and discover modern-day solutions that may save us and our money from Armageddon. Our guests include two former COBOL coders, Michael Cody and Steve Steuart, and New York Times tech journalist Clive Thompson.

Join us every other week as we take you through 1Click2CyberChaos.This podcast is brought to you by Coding for Veterans. You can learn more about the program at codingforveterns.com.
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