🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

DBS says banking services back to normal after two-day outage

Published 11/25/2021, 07:46 PM
Updated 11/25/2021, 07:50 PM
© Reuters. FILE PHOTO: A man walks past DBS signage in Singapore, Oct. 8 2019. REUTERS/Feline Lim/File Photo
META
-
DBSDY
-

SINGAPORE (Reuters) - Singapore's DBS Group (OTC:DBSDY) said its online banking services had been fully restored after suffering disruptions for about two days in its biggest outage since 2010, prompting the central bank to consider taking supervisory action.

In a Facebook (NASDAQ:FB) post late on Thursday, Southeast Asia's biggest lender said customer logins and transaction activities have returned to normal pre-disruption levels since Thursday morning.

The bank's services, including its payment app, were disrupted on Tuesday and Wednesday https://www.reuters.com/technology/singapore-bank-dbs-says-services-disrupted-second-day-2021-11-24. DBS said its systems remain secure and were not a target of a cyber-attack.

© Reuters. FILE PHOTO: A man walks past DBS signage in Singapore, Oct. 8 2019. REUTERS/Feline Lim/File Photo

"We will continue to monitor and review the events of this week and are taking steps to prevent future recurrences," the bank said.

The disruption drew the ire of thousands of customers just hours after the bank, Singapore's largest, announced a fix after the first day of the outage on Tuesday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.