Y2k In Mexico Essay Research Paper Y2K

Y2k In Mexico Essay, Research Paper

Y2K: THE MILLENIUM BUG

I. What is the Problem

The year 2000 problem has resulted from the common practice of using two digits to designate the calendar year instead of using four. When the year 2000 arrives, 2 digit year dates may be interpreted incorrectly causing many problems. Computer hardware and software may not recognize “00″ as an actual date and will not run properly or not at all. Credit Card systems may not recognize “00″ as a valid year for the expiration date, making transactions for those cards with “00″ as the expiration date impossible. Day of the week calculations will be off. Computers may interpret 1/1/00 as Jan. 1, 1900. 1/1/1900 was a Monday but 1/1200 is a Saturday so all day of the week calculations will be two days off. The scope of this problem is world wide. All products using the two digit technology are potentially at risk.

The “Millennium Bug” could be bring failure to everything from personal computers, home security systems, mainframes, and telecommunications equipment. The effects of the Year 2000 problem will be felt in homes, business, and government. Year 2000 conformity shall mean that neither performance nor functionality is affected by dates prior to, during, and after the year 2000.” According to the British Standards Institution Committee there are four general rules for Y2K compliance:

1. No value for current dates will cause any interruption in operation.

2. Date-based functionality must behave consistently for dates prior to, during and after the year 2000.

3. In all interfaces and data storage, the century in any date must be specified either explicitly or by unambiguous algorithms or inferencing rules.

4. The year 2000 must be recognized as a leap year. Every body that deals with this problem must be ready. To avoid the Y2K problems your computer must first be checked for compliance.

Software is available that can check your computer for compliance and even make your computer Y2k compliant. Desktop computers can be checked with a simple utility but larger systems and networks may require more expertise to avoid the potential dangers. Many resources are available for checking your computer and to take the appropriate measures to correct any problems. This problem is huge. Business and government stand to lose billions of dollars if the problem is not corrected. Businesses are either already in compliance or in the process of dodging the possible disaster of the Y2k crash.

II. Examples of Business Sectors: Y2K Applied in the Mexican Public Sector

+ BANCO DE MEXICO

Computing systems and information technologies have become fundamental in production activities and everyday life. In order to prevent the Year 2000 effects on the information systems, the last June 3rd 1998, was installed the Year 2000 National Conversion Commission (Y2K National Commission). This Commission has the responsibility of coordinating the efforts of both the social and economic sectors to make sure of the adequate year handling, and therefore, the correct operation in information systems during the year 2000 and beyond. On July 9th 1998 it was published a presidential agreement which established the creation of the Y2K National Commission. Banco de Mexico was invited to participate in this Commission in order to coordinate the efforts of the financial sector regarding to the transition of information systems. The purpose of this page is to offer access to different sources of information that allow users to be familiar with the Year 2000 problem, and to get on time financial sector documents issued under the coordination of this central bank with the purpose of solving the Y2K problems.

In January 1997 the “Project for Systems Compatibility Verification with the Year 2000″ was established. Accordingly, the Board of Governors instructed the Systems Department to carry out the coordination and supervision of the necessary changes.

The Systems Department elaborated an initial inventory of its own systems, asking the immediate revision of the end user applications systems in the rest of the areas. In addition, the Systems Department established a bimonthly control and progress report.

In March 1998, the Board of Governors of Banco de Mexico created the Transition Year 2000 office at the Deputy Manager level, whose goal is accelerating and consolidating the progress of the global program denominated “Transition 2000″.

In September 1998, the financial sector adopted a 5 phase self-evaluation methodology proposed by the National Commission for the Year 2000 Information Technology Conversion (Y2K National Commission). Banco the Mexico in his role of financial authority, took this standard of self-evaluation as a way to give a general view of the status its internal project.

In December 1998, the Institution finished the correction and internal test phases. During the

first half of 1999, the external testing will take place (Industry test), as well as the elaboration

of contingency plans.

+ PEMEX

Since early 1997 the Year 2000 Problem has become a top priority issue in PEMEX and its subsidiary firms. This is due to the fact that for several decades PEMEX has been considered one of the most important users of informati

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