Internet outages hit Australian lenders, central bank By Reuters

© Reuters. FILE PHOTO: An office building with the Commonwealth Bank logo is seen amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren Elliott

By Jonathan Barrett

SYDNEY (Reuters) -Australia’s central bank, the postal service and several commercial lenders as well as other companies grappled with internet outages on Thursday, disrupting customer accounts and financial transactions before some services were restored late in the day.

The Reserve Bank of Australia said on Thursday it was cancelling its operation to buy long-dated government bonds because of the technical difficulties.

“Due to technical difficulties, today’s RBA long-dated open market operations auction has been cancelled,” the bank said on its dealing page on Thursday.

Many of the affected websites in Australia, such as those belonging to the Commonwealth Bank of Australia (OTC:), Westpac Banking (NYSE:) Corp and Australia and New Zealand Banking Group, had started to come back online late afternoon on Thursday.

CBA said in a tweet it was starting to see services return to normal following a tech outage that had had widespread impact across its businesses.

Virgin Australia, the country’s No. 2 airline, said on Twitter it was experiencing a system outage.

Websites of major U.S. airlines, American Airlines (NASDAQ:), Southwest Airlines (NYSE:), United Airlines

It was not immediately clear if the outages in Australia and the United States were linked.

An executive at one of the Australian banks told Reuters the issue had been a problem with its host and service provider. The servers had to be re-routed to fix the issue, said the person who was not authorised to speak to media and declined to be identified.

Representatives at the Australian banks did not immediately respond to requests for comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*