Topic: Bank Outage

3 chapters across the catalog

Quantum Supremacy
Episode 1357 1:14:55 - 1:17:32

1357: Quantum Supremacy

Akamai Internet Outage, Global Financial Disruptions

A significant internet outage caused by Akamai impacted the Reserve Bank of Australia, major airlines, and several global financial institutions. The disruption forced the cancellation of government bond purchases and grounded flights across multiple carriers. This event underscores the fragility of the modern web, which relies on a few single points of failure like Akamai, Cloudflare, and Fastly.

Bug Ramen
Episode 1037 2:22:54 - 2:24:29

1037: Bug Ramen

National Australia Bank Outage, Cashless Society Risks

A nationwide server outage at the National Australia Bank (NAB) left customers unable to access internet banking, ATMs, or point-of-sale services. The incident highlights the vulnerabilities of a cashless society and the risks of total dependence on the electrical and digital banking grid. The outage prompted calls for compensation and served as a reminder of the importance of holding physical cash.

Don't Be Nosey
Episode 421 1:41:30 - 2:02:50

421: Don't Be Nosey

Listener Feedback and Global Infrastructure Outages

A series of global infrastructure outages occurred throughout June, affecting Facebook, Gmail, Amazon Web Services, and Twitter. A former IT engineer suggests these failures, along with the NatWest banking crisis, may be part of a coordinated test of institutional resilience. Listeners also provided feedback on "karma" experiences and technical suggestions for the show's newsletter.