‘Not a Conspiracy, Just a Bad Day’: Bank Reactions to Glitchfest

From: American Banker

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With an airline, a national business newspaper and the New York Stock Exchange all suffering outages Wednesday, it was no surprise when regulators checked in with a West Coast bank.

“It came across quickly, we had people internally get the news and the regulatory community reached out as well to see how it was impacting us,” said the bank’s chief information officer, who did not want to be identified. “We got our business continuity team to report. They were executing their plan. They were able to determine that the disruption was manageable.”

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