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Barclays' network glitch causes nationwide chaos [No ATM Cash or Online Banking]
Reuters ^ | Mon Aug 23, 2010 10:57am EDT

Posted on 08/23/2010 9:19:13 PM PDT by DeaconBenjamin

LONDON (Reuters) - Thousands of Barclays customers in Britain were unable to access their bank accounts or withdraw money from cash machines on Saturday after a system crash caused chaos nationwide.

The problems, which began at around 1230 GMT, hit telephone and online banking services and caused frustration at retail outlets as embarrassed shoppers were forced to abandon purchases at the till.

Barclays' telephone banking centers were inundated with calls from customers, many of whom were angry at the lack of information. A Barclays spokeswoman was unable to elaborate on the cause of the problems.

"We became aware of a problem earlier in the day," she said. "We apologize to customers for any inconvenience."

At 1915 GMT, access to online accounts was still being denied and calls to the helpline suggested the problems were ongoing.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society; United Kingdom
KEYWORDS: barclays

1 posted on 08/23/2010 9:19:18 PM PDT by DeaconBenjamin
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To: DeaconBenjamin

This right on the heals of that major east European financial hack job...

Very curious.


2 posted on 08/23/2010 9:25:46 PM PDT by PetroniusMaximus
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To: PetroniusMaximus
This right on the heals of that major east European financial hack job.

Didn't hear about this. Can you direct me?

3 posted on 08/23/2010 9:26:49 PM PDT by DeaconBenjamin (A trillion here, a trillion there, soon you're NOT talking real money)
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To: DeaconBenjamin; PetroniusMaximus

I second DeaconBenjamin; would you please direct us to the source discussing the major east European financial hack job?


4 posted on 08/23/2010 9:32:00 PM PDT by Immerito
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To: DeaconBenjamin

It pays to keep a little cash under the mattress.


5 posted on 08/23/2010 9:34:23 PM PDT by umgud (Obama is a failed experiment.)
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To: DeaconBenjamin

This keeps happening and they won’t be sponsoring the English Premier League much longer.


6 posted on 08/23/2010 9:35:39 PM PDT by dfwgator
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To: Immerito

Many bank accounts in England were wiped out due to hacking. Don’t know if it was from Eastern Europe but it did happen.


7 posted on 08/23/2010 10:32:49 PM PDT by bubbacluck (As for me, I'll pay more for tomatoes)
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To: Immerito; DeaconBenjamin

Eastern European cyber criminals ‘draining British bank accounts’

http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/7938184/Eastern-European-cyber-criminals-draining-British-bank-accounts.html


8 posted on 08/23/2010 10:39:31 PM PDT by PetroniusMaximus
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To: PetroniusMaximus

Could it be a result of a “normal” equipment failure, such as power, Internet backbone, etc. or a hacking result. It should be relative easy to determine if it was something innocuous, such as a power outage and a emergency generator failed or somethign much more serious. If it was the former, I would have assumed they would have announce it as such.


9 posted on 08/24/2010 12:07:29 AM PDT by matt04
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To: matt04

Or might a “hack attack” have been caught in progress, so in a panic Barclays pulled its computers down posthaste.


10 posted on 08/24/2010 12:40:20 AM PDT by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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