ATM failure - No the other kind of ATM
Steven M. Bellovin
smb at research.att.com
Thu Sep 6 11:54:17 UTC 2001
According to today's Wall Street Journal, Citibank is explaining
the outage as "software", and declining to release further details.
But the article also noted that
many of the computer systems on which banking networks
are based are aging -- and trouble-shooters who can fix
problems quickly are becoming rarer. Indeed, most banks
and Wall Street firms run on a mishmash of systems slapped
together after years of computer upgrades and bank mergers.
hey are made all the more confusing by the profusion of
computer languages that run the Internet. Most of them are
incompatible with their mainframe predecessors.
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