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Canada's major banks go offline in mysterious hours-long outage
- jsiaajdsdaa 5y agoExchange most of your money for physical assets worth owning and you will likely not have any problems.
- datashaman 5y agoDepreciation
- jsiaajdsdaa 5y agoCash has been depreciating faster than even used cars.
- raxxorrax 5y agoTruckers found the network cable?
- asfarley 5y agoGovernment found the network cable
- m348e912 5y agoCould be to help manage an impending bank run? There are many patrons that were alarmed to hear that their money could be frozen without a court order or a charge, but for suspicion of involvement in a political protest. In response they withdrew cash, there have been reports of empty ATMs around Ottawa.
- HappySweeney 5y agoI've not seen any lineups, and as most can only draw $1k per day, I doubt that adds up to anything the banks should worry about enough to shut it all down. This was more likely the result of a single point of failure failing.
- 5bolts 5y agoThey probably all use the same vendor (FIS) and that vendor had some issues. We had issues with the same vendor yesterday with our mobile deposit sites. I know CIBC uses FIS products, and i seem to remember some of the other ones being discussed (former FIS employee here)