service disruption

Banking & finance

Singapore says 2.5 mil transactions failed in DBS, Citi outage

Up to 810,000 attempts to access both digital banking platforms were estimated to have failed during the Oct 14 disruption
MAS prohibits DBS from acquiring new business ventures for six months following repeated services disruptions - THE EDGE SINGAPORE

Banking & finance

MAS prohibits DBS from acquiring new business ventures for six months following repeated services disruptions

DBS will also be setting aside a special budget of $80 million to enhance system resiliency.

Banking & finance

Singapore set to direct DBS to fix 'unacceptable' online outages

“The frequency of outages is unacceptable, the slowness in recoverability is unacceptable,” says MAS's Ravi Menon.

Banking & finance

UOB’s defensive digital strategy

For UOB, having a stable system, with a focus on resiliency and security, is important.

NetLink Trust says most cables restored but admits some telcos still experiencing difficulties

SINGAPORE (Nov 15): NetLink Trust says in an update at 7.02pm on Friday that some telecoms service providers are still experiencing service difficulties although most of the damaged cables have been restored.
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