Current Banking issues

A2LUE42

Just going to throw this one out there.

Could the current issues being experienced by RBS be malicious. Could this be the first bank targeted in this way ?

Monty Burnz

A2LUE42 wrote: »

Just going to throw this one out there.

Could the current issues being experienced by RBS be malicious. Could this be the first bank targeted in this way ?

There's a very small chance it could be malicious, but it's more likely due to a loss of tacit knowledge due to outsourcing their IT - the IT systems of banks are incredibly complex not because of the work they are required to do but because they typically built systems onto systems going back for 50 years. Making a change to one part can cause something to go wrong in one of the older systems, and if you gave the guy who worked on that old system for 30 years (and who knows it inside out) a golden handshake, then finding and fixing the problem can be a nightmare. A company I used to work in had its main customer billing system running on some 30 or 40 year old DEC system and there were only two guys in the company who understood it. One guy came into work everyday on two crutches, clearly very unhealthy...

hooradiation

The systems powering RBS (which I have a little experience with) are an archaic mess.
Woefully inefficient scripts and batch jobs all stitched together with the coding equivalent of spit and bailing twine. There's a reason people working on these systems earn $Texas.
Shit is complex and requires a very definite and hard to come by set of skills.

The were slowly upgrading and replacing the systems when I was involved, but each rollout of a new system usually fell on it's arse at least once as some piece of esoteric knowledge was missing.
I wouldn't be surprised that something similar happened here.

Jonny7

A2LUE42 wrote: »

Just going to throw this one out there.

Could the current issues being experienced by RBS be malicious. Could this be the first bank targeted in this way ?

I wouldn't think so, it hit them quite hard and caused significant embarrassment. They already pulled their first shift ever on a Sunday to try and clear what must be a huge backlog.

I just don't see anything they could have gained from such an incident. Working in finance myself I would not be surprised to see heads roll over this, these are considered very serious events.

Sonics2k

Nothing malicious, just lazy IT and poor planning.

Last I heard the Ulster Bank was using an outdated system from the 1980's, and never bothered to upgrade it, they simply added a new patch now and then to update it bit by bit.

Of course anyone with any knowledge of computer systems and programming will tell you this can only be a short term fix, and will inevitably break the entire system.

MrPudding

I work in another large UK bank and I can wholeheartedly concur with the above. Banks don't like to change things that work, hence we have systems that are ridiculously old, some of them have been out of vendor support for years.

I have seen first hand what happens when people who wrote bespoke packages are made redundant with no thought to what would happen if something went wrong, or when they don't even know what kit is involved in a particular application. Nightmare.

Of course, it is clearly more likely to be a massive conspiracy to bring on the new world order...

MrP

A2LUE42

You guys are no fun..:D

It is most likely an issue with someone patching something that they don't know enough about. Happens in a lot of big companies.

but where is the conspiracy theory in that..

Jonny7

A2LUE42 wrote: »

You guys are no fun..:D

It is most likely an issue with someone patching something that they don't know enough about. Happens in a lot of big companies.

but where is the conspiracy theory in that..

Well try this..

Pose the question as to why the "skeptics" round here appear to also work in financial organisations... hhmmmm

coincidence..

I think not!

A2LUE42

latest from the Indo

http://www.independent.ie/business/personal-finance/latest-news/fears-over-safety-at-other-banks-as-aib-nib-hit-by-glitches-3150794.html

National Irish Bank confirmed that it had a technical problem yesterday that prevented its customers accessing cash.

And AIB has admitted that a technical glitch meant its systems were down for a number of hours between Thursday night and Friday morning.

Both banks insisted the problems were minor and were quickly rectified. But IT security specialist Brian Honan, of BH Consulting, said a similar IT meltdown to the one at Ulster Bank was likely at other banks.

And professor of banking at the UCD Quinn School of Business, Eamonn Walsh, said major computer breakdowns had occurred in banks recently in Australia, Japan, Singapore and South Korea.

Torakx

While in the background they were shredding the night away lol

Ludo

Not a technical glitch or malicious. They are just modifying their system for the collapse off the Euro... But obviously can't just come out and say that ;-)

saywhatyousee

If there were plans for a cashless society im sure this fiasco has dealt it a major blow

Monty Burnz

saywhatyousee wrote: »

If there were plans for a cashless society im sure this fiasco has dealt it a major blow

Yes, the global NWO elite appear to have dropped the ball yet again...

Run_to_da_hills

I would consiter this incident as a small tea party of what's yet in store.

It would give you quite a good insight on how vulnerable people can under a cashless environment.

Monty Burnz

Run_to_da_hills wrote: »

I would consiter this incident as a small tea party of what's yet in store.

It would give you quite a good insight on how vulnerable people can under a cashless environment.

Nice of the all-powerful elite NWO to give the public this warning.

MrPudding

saywhatyousee wrote: »

If there were plans for a cashless society im sure this fiasco has dealt it a major blow

How so? The two are not in the least connected. The issue with RBS was related to bank payments and transfers. With respect to that type of transfer there is no going back. Do you think, simply because of this problem, that companies are going to go back to paying employee in cash? Interbank and inter account transfer are cashless and they are going to stay that way.

With respect to the more commonly held opinion of what "cashless" means, stuff like buying things in shops etc, there was no direct impact. Card transactions were completely unaffected by this problem, unless the person had no money in their account because a transfer was delayed due to the problem. But them in those circumstances the person would not have had access to cash either.

So I would say no major blow to cashless society, but a major blow to the careers of the change management, development and testing people in RBS.

MrP

Run_to_da_hills

Monty Burnz wrote: »

Nice of the all-powerful elite NWO to give the public this warning.

They do like to give us their little hints so as to let us know who is in control.

MrPudding

Monty Burnz wrote: »

Nice of the all-powerful elite NWO to give the public this warning.

They are like the bad guys in Bond movies, except less competent.

MrP

Monty Burnz

Run_to_da_hills wrote: »

They do like to give us their little hints so as to let us know who is in control.

I'm thinking that only a very few people are getting the same hint as you - 99.9% of the public recognise this as an IT snafu - so what's the point? Is it Scooby Doo time again? Giving out clues for fun to amateur internet detectives?

Run_to_da_hills

Monty Burnz wrote: »

I Is it Scooby Doo time again?

You seem to have a fixation for the this cartoon.

Jonny7

Run_to_da_hills wrote: »

You seem to have a fixation for the this cartoon.

Fantasy villians leaving clues to their secret plans - sounds like a bang on comparison to me.

Run_to_da_hills

Jonny7 wrote: »

Fantasy villians leaving clues to their secret plans - sounds like a bang on comparison to me.

Speaking of ScoobyDoo, this is interesting.

https://www.youtube.com/watch?v=7hTTTMIuFoM

hooradiation

Nah, it's not.

Run_to_da_hills

hooradiation wrote: »

Nah, it's not.

It is quite interesting if you are looking out for the same trend of indoctrinating symbolism that is found right throughout the corporate entertainment machine.

The very same type of symbolism that is openly displayed by their Godfathers that are running their own live show in London this summer.

Monty Burnz

Run_to_da_hills wrote: »

It is quite interesting if you are looking out for the same trend of indoctrinating symbolism that is found right throughout the corporate entertainment machine.

The very same type of symbolism that is openly displayed by their Godfathers that are running their own live show in London this summer.

I think it just demonstrates perfectly that if you look hard enough for something, you will find it.

Run_to_da_hills

Monty Burnz wrote: »

I think it just demonstrates perfectly that if you look hard enough for something, you will find it.

Like one eyed mascot characters, black & white checkered tiled floors, pyramids, twin pillars, skull & bones, Egyptian Horus background images of Baphomet, pentigon star, Kids may be oblivious to all this but there are plenty of us who are not.

(May be suggest the Mods to split this thread to another topic of Illuminati subliminal messaging in the entertainment industry)

Monty Burnz

Run_to_da_hills wrote: »

Like one eyed mascot characters, black & white checkered tiled floors, pyramids, twin pillars, skull & bones, Egyptian Horus background images of Baphomet, pentigon star, Kids may be oblivious to all this but there are plenty of us who are not.

(May be suggest the Mods to split this thread to another topic of Illuminati subliminal messaging in the entertainment industry)

You realise that the 'film' is supposed to be 'spooky' like the cartoon was, right?

Aside from which, if you look in many people's homes you will find black & white tiled floors, pillars (twin and otherwise), pyramids, pentagons and skulls and cross bones. Are those people part of THEM also?

MrPudding

Monty Burnz wrote: »

You realise that the 'film' is supposed to be 'spooky' like the cartoon was, right?

Aside from which, if you look in many people's homes you will find black & white tiled floors, pillars (twin and otherwise), pyramids, pentagons and skulls and cross bones. Are those people part of THEM also?

You haver to wonder how much of it is people taking the piss... I know if I had to have a logo designed for my company I would try to ram it full of these symbols for no reason other than mischief.

MrP

Monty Burnz

MrPudding wrote: »

You haver to wonder how much of it is people taking the piss... I know if I had to have a logo designed for my company I would try to ram it full of these symbols for no reason other than mischief.

MrP

I'm also wondering how many films are there where you couldn't find a load of CT staples. I'd challenge RTDH to nominate any film which I would watch and then come back to him with an armful of chequered floors and pyramids, but then he'd just add it to his collection of proof for the global Illuminati conspiracy and learn absolutely nothing.

listenup

i believe that they were cyber attacked and all our money was stolen and they have to put it down to human error so as not to scare people into removing their money and believing that our banking system is inadequate.

Monty Burnz

listenup wrote: »

i believe that they were cyber attacked and all our money was stolen and they have to put it down to human error so as not to scare people into removing their money and believing that our banking system is inadequate.

How would the money have been stolen?

Jonny7

listenup wrote: »

i believe that they were cyber attacked and all our money was stolen and they have to put it down to human error so as not to scare people into removing their money and believing that our banking system is inadequate.

Believe it based on facts/evidence

or believe it like people believe in god?

Run_to_da_hills

listenup wrote: »

i believe that they were cyber attacked and all our money was stolen and they have to put it down to human error so as not to scare people into removing their money and believing that our banking system is inadequate.

It looks as if they are trying to create a run on the banks.

They are also coming out with fear mongering stuff about "cyber attacks".

http://www.cbronline.com/news/mi5-says-cyber-crime-poses-a-dangerous-threat-to-the-uk-260612

Monty Burnz

Run_to_da_hills wrote: »

It looks as if they are trying to create a run on the banks.

They are also coming out with fear mongering stuff about "cyber attacks".

http://www.cbronline.com/news/mi5-says-cyber-crime-poses-a-dangerous-threat-to-the-uk-260612

THEY again.

And still no idea of who THEY are.

But what is interesting is that if steps are taken to prevent a run on the banks, that will be viewed as sinister too. I've said it to you before RTDH, don't you think it's a big problem with your worldview that even if two completely opposite things happen, you still interpret it as supporting your position?

hooradiation

Run_to_da_hills wrote: »

It looks as if they are trying to create a run on the banks.

They are also coming out with fear mongering stuff about "cyber attacks".

http://www.cbronline.com/news/mi5-says-cyber-crime-poses-a-dangerous-threat-to-the-uk-260612

Remember folks, reporting on actual events - FEAR MONGERING!

Run_to_da_hills

More here and it looks as if they are trying to create situations to justify tighter internet controlls, censorship and the roll out of e_signitures.

"Evan's warning speech comes in the wake of Italian, German and Dutch banks being targeted in a €60m euro cyber bank heist.

Evans warned that internet vulnerabilities are being taken advantage of by criminals as well as states. He says that it is likely terrorist will use cyber vulnerabilities to attack infrastructures in the future."

http://www.cbronline.com/news/mi5-chief-warns-of-cybercrime-threats-expert-reaction-270612

Monty Burnz

Run_to_da_hills wrote: »

More here and it looks as if they are trying to create situations fir the justification of implementing their previously discussed online access e_signitures.

Who?

Run_to_da_hills

Monty Burnz wrote: »

Who?

No not them,

They are concerned with Global Health issues.

Monty Burnz

Run_to_da_hills wrote: »

No not them,

They are concerned with Global Health issues.

Man, this is getting confusing!

Frynge

confusing!!!

its getting out right incoherant

Badhb

Ok. So AIB announce new banking charges to take effect from May 2012.

Massive exodus of customers from AIB to Ulster Bank, as they are the last remaining bank that do not have limits and conditions on what your balance and transactions may be to avail of free banking.

June 2012.
Unprecedented and ongoing problem now with Ulster Bank. Inability to access up to date accounts, make certain payments etc. Problem still not resolved. Unprecedented time delay in sorting this problem.

What has gone wrong? Is it really just a coincedence this has happened after the exodus of AIB Customers? As for evidence of said evidence, just start with the banking threads here on boards. My new account manager when I moved accounts from AIB to Ulster Bank said they were beyond overwhelmed with the transfer of accounts.

Monty Burnz

Badhb wrote: »

What has gone wrong? Is it really just a coincedence this has happened after the exodus of AIB Customers? As for evidence of said evidence, just start with the banking threads here on boards. My new account manager when I moved accounts from AIB to Ulster Bank said they were beyond overwhelmed with the transfer of accounts.

Is it more likely that one of the biggest banks in the UK ruined its own reputation so AIB could pick up some new customers in little Ireland?

Wacker The Attacker

Foolishly I haven't followed this story as closely as I should have.

Have Ulster Bank actually acknowledged what the glitch was or will that have to remain confidential on securiy grounds?