Google Cloud Outage Disrupts Banking Services in UK
· Technology · Bloomberg, The Independent, Wall Street Journal
A technical outage at Google Cloud disrupted digital banking services across the UK early Tuesday, leaving customers unable to access accounts. Financial technology firm Revolut Ltd. was among the prominent institutions affected by the disruption, which knocked out core transaction and app functionalities. Users across the UK experienced difficulties logging in, checking balances, and completing payments during the morning hours. Google engineers worked to resolve the underlying infrastructure failure, and services gradually began recovering later in the day. The exact cause of the cloud infrastructure failure has not yet been publicly detailed.
Why it matters
The outage highlights the vulnerability of digital-first financial institutions and retail banking customers to single-point failures in major cloud computing infrastructure.
Read the original report — Bloomberg
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