Global Glitch: Swaths of Internet Go Down After Cloud Outage

- Cyber Polygon Rehearsal?? The Big Cyber Attack is projected to bring down the financial system. Imagine, all the bank records, savings accounts, financial records … becoming corrupted. Ie. say the US$10M in your bank account becomes $0.3214 . Imagine all financial derivatives accounts totally corrupted and irretrievable … Imagine not being able to have access to your bank account at all, to withdraw money from ATM, to conduct electronic payments … Wait a minute this happened in Feb 2021 right??
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All of the Federal Reserve’s wire and ACH systems go down
The Fed’s system that allows banks to send money back and forth went down for several hours
Federal Reserve systems that execute millions of financial transactions a day — everything from payroll to tax refunds to interbank transfers — were disrupted by what appeared to be some sort of internal glitch.
– - Global Glitch: Swaths of Internet Go Down After Ccloud Outage
by KELVIN CHAN, https://apnews.com/
LONDON (AP) — Dozens of websites went down briefly around the globe Tuesday, including CNN, The New York Times and Britain’s government home page, after an outage at the cloud computing service Fastly, illustrating how vital a small number of behind-the-scenes companies have become to running the internet.
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The sites that could not be reached also included some Amazon pages, the Financial Times, Reddit, Twitch and The Guardian. San Francisco-based Fastly acknowledged a problem just before 6 a.m. Eastern. About an hour later, the company said: “The issue has been identified and a fix has been applied.” Most of the sites soon appeared to be back online.
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The company said in an emailed statement that it was a “technical issue” and “not related to a cyber attack.” Still, major futures markets in the U.S. dipped sharply minutes after the outage, which came a month after hackers forced the shutdown of the biggest fuel pipeline in the U.S.
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Fastly is a content-delivery network, or CDN. It provides vital but behind-the-scenes cloud computing “edge servers” to many of the web’s popular sites. These servers store, or “cache,” content such as images and video in places around the world so that it is closer to users, allowing them to fetch it more quickly and smoothly. Fastly says its services mean that a European user going to an American website can get the content 200 to 500 milliseconds faster.
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Internet traffic measurement by Kentik showed that Fastly began to recover from the outage roughly an hour after it struck at mid-morning European time, before most Americans were awake. “Looks like it is slowly coming back,” said Doug Madory, an internet infrastructure expert at Kentik. He said “it is serious because Fastly is one of the world’s biggest CDNs and this was a global outage.”
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