Banks outage steam store more down8/3/2023 ![]() In recent years, Mexico has become an important market for stolen data - enough to earn it eighth place in the world in terms of identity theft, according to the country’s central bank, Banco de Mexico (Banxico for short). Again, it was blamed on internal problems. Less than a week after BBVA’s outage, Santander Mexico, another Spanish-owned Mexican bank, suffered an outage that left customers across the country unable to use their debit cards at the ATM or in stores. What we did was undo the changes to the system and return everything to as it was.” “The bank and its customers’ information is secure. “It had nothing to do with the outside world,” said Jorge Terrazas, the bank’s director of communicate and corporate identity. The bank was also at pains to assure them that their financial data was not compromised. The bank blamed the outage on a system update failure and has offered to compensate customers with cash bonuses on purchases when using their credit or debit cards. It being a Sunday, customers could not even avail of the lender’s in-branch cash services. On September 12, operating failures at Mexico’s largest bank, BBVA Mexico, left 24 million account holders unable to use the bank’s 13,000 ATMs, its mobile app or in-store payments for almost 20 hours. Other countries include the UK, Japan, South Africa, Venezuela and Mexico, though there are no doubt more (if you know of any, It would be great if you could provide details in the comments section). New Zealand is not the only country to have suffered major outages within its banking system in recent weeks. Servers are not breached, data is not stolen but it can still cause plenty of disruption. In a DDoS attack hackers overwhelm a site by getting huge numbers of bots to connect to it all at once, rendering it inaccessible. It is one of a string of IT outages the bank has suffered over the past three weeks, after a DDoS attack on New Zealand’s third largest Internet provider caused IT crashes at a number of lenders, including Commonwealth Bank and Anz Bank. In New Zealand, now in its seventh week of nationwide lockdown, one of the country’s largest lenders, Kiwibank, went down on Tuesday, leaving many of its customers in the lurch. It’s difficult to leave home, your local branch may not be open, and as a result you are more reliant than ever on digital banking services. But few can be worse than in the middle of a lockdown. There’s never a good time for your bank’s IT system to go down. Twenty banks (some suffering repeated outages), six countries (one in lockdown), five continents, tens of millions of unhappy customers.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |