Pulse of Truth

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Sources detail the nearly 10-hour-long tech meltdown of the European Central Bank's main payment system on February 27 due to a piece of malfunctioning hardware (Reuters) (www.techmeme.com)

submitted 5 months ago by lemmydev2 to c/pulse_of_truth

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Reuters: Sources detail the nearly 10-hour-long tech meltdown of the European Central Bank's main payment system on February 27 due to a piece of malfunctioning hardware — The European Central Bank's payments crash last week meant salaries and welfare funds were delayed for thousands of people.

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[–] Onomatopoeia@lemmy.cafe 3 points 5 months ago (1 children)

Having worked for a few banks in the US, it's staggering ro me this could happen with a critical system.

What we do with non-critical (but production-impacting) systems would prevent this kind of failure.

Granted I can't speak for all banks, just the financial companies I've worked with.

[–] ryannathans@aussie.zone 2 points 5 months ago

Same here but I don't work in banking