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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 …

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  1. Anonymous Coward
    Anonymous Coward

    Prolly the Russians.

    1 0 Reply
  2. Anonymous Coward
    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

    12 0 Reply
  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.

    2 0 Reply
    1. James Anderson
      Reply Icon

      Re: This is just a friendly reminder...

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

      2 0 Reply
      1. EricB123 Bronze badge
        Reply Icon

        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.

        0 0 Reply
    2. J.G.Harston Silver badge
      Reply Icon

      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 .....

      0 0 Reply
  4. fidodogbreath

    Total Inability To Support Usury Processes

    9 0 Reply
  5. MrReynolds2U
    Trollface

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

    4 0 Reply
    1. Strahd Ivarius Silver badge
      Reply Icon

      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...

      0 0 Reply
  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?

    1 0 Reply
  7. Marty McFly Silver 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 0 Reply
    1. Anonymous Coward
      Reply Icon
      Anonymous Coward

      Re: Crazy idea

      Naah. That could never work.

      0 0 Reply

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