Robert H. Smith

The clock of life is wound but once, and no man has the power to tell just when the hands will stop, at late or early hour. Now is the only time you own. Live, love, toil with will. Place no faith in time. For the clock may soon be still.

Friday, July 16, 2010

Paralysis of ATM, NETs, Mobile Network

This is clearly a sign of operational risk whereby the team used outdated data to do a batch run resulting in a malfunction of their backup system leading to a system crash. Not going to be an easy time for DBS to clean up this mess.

Damn Bloody Slow bank - This is what my chinese therapist joked about with me. In a way, it is pretty true judging from the long lines of human waiting to withdraw cash from their machines on a daily basis.

Hopefully, they would have learnt from this lesson and implement tighter controls over data management.