Monday, March 07, 2011

When financial systems require military intervention

"Italian police to play central role in protecting banking IT assets", reads one headline and "Police guard CBA cash machines as glitch hits transaction processing" reads another. These two stories were released within a week from each other.

Luckily, nothing else followed and we could rest a little bit easier. Financial systems are not deteriorating at such a rate that the only way that it will remain stable, trusted and predictable will be through military intervention. Hopefully this will not become a trend.

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