back to article Federal Reserve falls over in massive hours-long tech outage, knocks down US inter-bank transfer system

The US Federal Reserve's money-transfer systems failed on Wednesday for a number of hours, likely halting the electronic movement of billions of dollars. Just before 1300 EST, the Fed noted it was “currently investigating a possible issue or disruption to multiple services,” and promised quick updates. The IT outage at the …

  1. osakajin Silver badge

    Prolly the Russians.

  2. HildyJ Silver badge
    Devil

    Operational error?

    Makes me think of innumerable Who Me? articles.

    Or Stephen Stucker in Airplane!

    https://upload.wikimedia.org/wikipedia/en/thumb/b/ba/Stephen_Stucker.jpg/330px-Stephen_Stucker.jpg

  3. chuckufarley Silver badge

    This is just a friendly reminder...

    ...That it is often a Good Thing to keep a simple script called cya.sh that contains the following line:

    hostname && whoami && pwd

    I am not saying the lack of such a script has anything to do the outage detailed in this news article. This is just a friendly reminder.

    1. James Anderson Silver badge

      Re: This is just a friendly reminder...

      I go one further and use different terminal colour schemes for different systems.

      1. EricB123

        Re: This is just a friendly reminder...

        So advanced... It's simple!

        Yeah, I am plagurized that from an old tv commercial, forgot which one.

    2. J.G.Harston Silver badge

      Re: This is just a friendly reminder...

      I redirect the cd command to update my command prompt with that information.

      [root:/bin/dangerous] rm -f .....

  4. fidodogbreath Silver badge

    Total Inability To Support Usury Processes

  5. MrReynolds2U
    Trollface

    Weren't they experimenting with AWS? Please, please, please tell me this is a cloud issue :)

    1. Strahd Ivarius Bronze badge

      it was probably linked to something farther out, like a solar wind...

      unless of course someone forgot to remove the Texan servers from the clusters...

  6. tip pc Silver badge

    Name & Shame

    Who is their IT outsourced to, or more specifically, which outsourced team is responsible for the bit that broke?

  7. Marty McFly Bronze badge
    Holmes

    Crazy idea

    If only there was some sort of decentralized electronic currency we could use instead. It could be built using a blockchain and cryptography. Someone should invent that, then we won't have to worry about the Feds computers going down.

    1. Anonymous Coward
      Anonymous Coward

      Re: Crazy idea

      Naah. That could never work.

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