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WhiteSahara

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WhiteSahara

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Tuesday, 11/07/2023 3:34:11 PM

Tuesday, November 07, 2023 3:34:11 PM

Post# of 191801
Outages at two banks that stopped 2.5 million payment transactions were sparked by a technical issue with the datacenter's cooling system, according to the Monetary Authority of Singapore (MAS) on Monday.…



DBS and Citibank, the banks involved, experienced outages in the mid-afternoon of October 14, 2023 that resulted in full or partial unavailability of online banking apps for around two days – leaving customers and vendors without a way to make payments in a city-state that is increasingly reliant on digital financial systems.

https://www.msn.com/en-us/money/companies/overheating-datacenter-stopped-2-5-million-bank-transactions/ar-AA1jwJMp?ocid=msedgntp&cvid=4fbf67e483f54405b2a6ac5e2a498d9a&ei=15
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