Jam Sandwich
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Sabotage surely...
I've been inside the depths of Teraco and saw networking appliances from early 2000's used by a certain financial institution
Standard Bank chief engineering officer Khomotso Molabe said the component that handles inbound and outbound transactions — the “generic switch” — had failed at around 07:30 on Saturday.
Molabe explained that it was the first time Standard Bank had experienced this kind of failure, and its engineers had to rebuild the system’s architecture to correct it.
He also said that the bank could not guarantee that a similar outage won’t happen again but explained that Standard Bank had improved its monitoring measures to reduce the frequency of such events.
Have you peered inside the banking world? Reading this, none of it comes as a surprise.Yeah, it is a bit vague or maybe the media briefing didn't want to complicate the matters.
Very strange there is no failover no redundancy. I speculate that there was redundancy and at some time it failed and the redundancy became the primary. They then half arsed around until the redundancy itself failed too and only then did they scrambled to fix it.
That or the redundancy system was severely underspec'd and when failover kicked in the redundancy systems just could not keep up with normal traffic.
Have you peered inside the banking world? Reading this, none of it comes as a surprise.
Banks were among the early adopters of software, mainframes and automation. However they are also extremely upgrade/redesign averse once something is working and in use in production. Unscalable single points of failure abound in old systems designs and it's deemed too risky to redesign it.
As for the "generic switch" and needing to "rebuild the system's architecture", it's not as crazy as you think:
You have some ancient part of the system, long forgotten, source code lost and the last person to work on it left 10 years ago. It's a single point of failure, but it's never failed before (yet), so it's no ones priority to rework and modernize it. Boom, it breaks and no one knows how to fix it, business screeches to a complete halt. All hands on deck, "what does it do?", "how do we work around / bypass it and replicate the behavior?". The redesign/workaround gets implemented.
Yeah that's only if it's a software issue. In that case you simply restart everything and don't need to rebuild it. Unless it's an issue that caused every other system to crash and they had to figure it out first.Have you peered inside the banking world? Reading this, none of it comes as a surprise.
Banks were among the early adopters of software, mainframes and automation. However they are also extremely upgrade/redesign averse once something is working and in use in production. Unscalable single points of failure abound in old systems designs and it's deemed too risky to redesign it.
As for the "generic switch" and needing to "rebuild the system's architecture", it's not as crazy as you think:
You have some ancient part of the system, long forgotten, source code lost and the last person to work on it left 10 years ago. It's a single point of failure, but it's never failed before (yet), so it's no ones priority to rework and modernize it. Boom, it breaks and no one knows how to fix it, business screeches to a complete halt. All hands on deck, "what does it do?", "how do we work around / bypass it and replicate the behavior?". The redesign/workaround gets implemented.
That's what I said. AA and BEE.the last person to work on it left 10 years ago
yeah, you can get them easy, they all at capitec.........Can Standard Bank not find any COBOL guys anymore?
It was all done using agile. Agile is generic and fast and requires no DR.
"generic switch" eh? Rebuilt the system's architecture you say? How many sangomas were involved in this undertaking?Standard Bank chief engineering officer Khomotso Molabe said the component that handles inbound and outbound transactions — the “generic switch” — had failed at around 07:30 on Saturday.
Molabe explained that it was the first time Standard Bank had experienced this kind of failure, and its engineers had to rebuild the system’s architecture to correct it.
Haha - same thoughts. Architectures cannot be rebuilt. They are a blueprint for implementation."generic switch" eh? Rebuilt the system's architecture you say? How many sangomas were involved in this undertaking?
I'm sure "protect me from yourself" is not trademarked or copyrighted in any way.
This is brilliant. Was it recorded in Simmond's Street?
rebuilding the whole infrastructure in a day or two....bull!!!I smell BS. "Generic switch" and rebuilding architecture? Pull my other finger.