fromLondon Business News | Londonlovesbusiness.com
4 months agoBanking director on AWS outage and a wake-up call for the global digital economy - London Business News | Londonlovesbusiness.com
The Amazon Web Services (AWS) outage, which has disrupted leading UK banks and global services, has once again revealed the fragility of this dependence. The incident bears striking similarities to the CrowdStrike disruption seen last year, both demonstrating how a single failure in a major technology provider can cascade across industries. For instance, customers, including myself, have been unable to log into the Lloyds Banking Group app, while widespread reports confirm disruptions across Barclays, Lloyds Bank, and the Bank of Scotland.