Google Cloud Outage Disrupts UK Banks and Online Services
A Google Cloud outage knocked banking apps and websites offline in the UK, with Revolut among the hardest-hit services.
A Google Cloud outage struck the United Kingdom on Wednesday, taking down banking applications and a range of websites before the tech giant resolved the disruption, BBC News reported.
Revolut, the London-based digital bank, was among the services most severely affected, with large numbers of customers losing access to core banking features during the outage. The incident underscored how heavily fintech companies and other digital businesses depend on third-party cloud infrastructure for day-to-day operations.
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Google did not immediately detail the technical cause of the failure, but the company moved to restore services, and connectivity was re-established across affected platforms. Cloud outages of this nature can ripple across entire industries simultaneously, given that many competing products often share the same underlying infrastructure provider.
The episode adds to a growing body of incidents that have prompted regulators and financial watchdogs in the UK and elsewhere to scrutinize so-called concentration risk — the vulnerability created when a large portion of critical services relies on a single cloud vendor. UK financial regulators have in recent years pushed banks to demonstrate resilience against precisely this type of third-party technology failure.
Continue reading at BBC News.
