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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
November 06, 2023
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.
November 01, 2023
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.
November 01, 2023
Banking & finance
UOB’s defensive digital strategy
For UOB, having a stable system, with a focus on resiliency and security, is important.
October 26, 2023
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.
November 15, 2018