RBS systems hit by second major outage in a year

RBS systems hit by second major outage in a year

Summary: Natwest and Ulster Bank customers were among those who experienced disruption to their online services on Wednesday, after RBS's systems suffered an outage once again.

SHARE:

RBS has suffered another systems outage caused by "hardware failure," leaving customers without online banking and drawing the attention of the financial services watchdog.

RBS Group on Wednesday apologised for an outage which prevented customers from accessing their accounts from about 10pm on Wednesday

The outage affected customers across the banking group's brands, including NatWest and Ulster Bank, with users reporting problems accessing ATMs as well as online services.

"We are disappointed that our customers faced disruption to banking services for a period yesterday evening, and apologise for that. All services are now running as normal again," RBS said in a statement.

"Between roughly 9-11pm customers were not able to access online banking and also had problems with ATM use and point of service payments."

NatWest and RBS have also apologised via their social media accounts.

NatWest spokespeople said the glitch had been remedied at 1am on Thursday, according to BBC Radio, however Ulster Bank advised customers that were still experiencing problems to contact its call centres.

The latest outage follows a major payments glitch last June when the NatWest and RBS systems failed to update customer balances overnight, impacting millions of customer payments for several days. The following month some NatWest customers could not access online banking or use debit cards.

The problems proved costly for the company: RBS set aside a total of £175m to compensate customers impacted by the outage.

Wednesday's glitch, however, was unrelated to those problems, according to RBS.

"This problem was caused by a hardware fault and was not related to the issues we experienced last summer. It was much easier to fix, though clearly an unacceptable failure," the bank said in a statement to ZDNet on Thursday.

"Any customer who was left out of pocket due to this outage should get in touch so we can put things right for them." 

After the outages last June, the UK's banking regulator, the Financial Services Authority, was considering pressuring British banks to update their aging IT systems and RBS was thought to be facing the industry's first fine for an IT failure, according to a Financial Times report at the time.

A spokesperson for the FSA declined to comment on whether it was considering action over the latest outage.

"We are aware of the problem and we are talking with the bank," an FSA spokesperson told ZDNet.

Topics: Banking, Outage, United Kingdom

Liam Tung

About Liam Tung

Liam Tung is an Australian business technology journalist living a few too many Swedish miles north of Stockholm for his liking. He gained a bachelors degree in economics and arts (cultural studies) at Sydney's Macquarie University, but hacked (without Norse or malicious code for that matter) his way into a career as an enterprise tech, security and telecommunications journalist with ZDNet Australia. These days Liam is a full time freelance technology journalist who writes for several publications.

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Talkback

0 comments
Log in or register to start the discussion