Re:Five major Canadian banks mysteriously go offline in hour...
by WJW on Thursday February 17, 2022 @11:30AM
(#30374949)
Why would banks need to go offline for hours to freeze some accounts?
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Re:Five major Canadian banks mysteriously go offline in hour...
by gruez on Thursday February 17, 2022 @11:42AM
(#30375156)
government decrees that certain accounts need to be frozen. the infrastructure to do so isn't there and needs to be implemented/deployed, or is implemented but hasn't been used in a while so nobody knows how it works. in either case, the roll-out gets bungled and causes downtime.
Re:Five major Canadian banks mysteriously go offline in hour...
by gpm on Thursday February 17, 2022 @11:51AM
(#30375323)
The infrastructure to freeze accounts has existed forever, it's not a new concept.
Re:Five major Canadian banks mysteriously go offline in hour...
by benmmurphy on Thursday February 17, 2022 @01:08PM
(#30376473)
i thought the conspiracy theory was there was a bank run caused by lack of faith in the banking system and then in order to stifle the run banks had some 'downtime' and 'networking' issues.