Up to 17.5 million RBS banking group customers were left without their money last night as the bank’s systems crashed.
Last time it was rolling out an upgrade without adequate testing beforehand. That, caused by using script kiddies instead of people who actually kinow what they’re doing.
A basic, yet sadly unacknowledged, truth these days is that banks are an IT system. It should be their core competence. Yet when one looks at the way that they’re organised, the experience of the senior management, they sure don’t seem to organise themselves that way.