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Human error blamed for August 31 crash of e-banking system


webfact

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Human error blamed for August 31 crash of e-banking system

 

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Human error was blamed as the cause of the crash of the e-banking system of five commercial banks, causing temporary disruptions of electronic transactions on August 31.

 

Thai Bankers Association president Pridi Daochai told a press conference on Tuesday that the crash of the e-banking system of Siam Commercial Bank, Thanachart Bank, Krung Thai Bank, Kasikorn Bank and Bank of Ayudhya was caused by human error.  He said those responsible for the incident did not follow established working procedure.

 

He maintained that disruption of electronic transactions did not cause any financial damage, but delayed banking services, causing inconvenience to bank customers who were used to smooth and fast service.

 

Full story: http://englishnews.thaipbs.or.th/human-error-blamed-for-august-31-crash-of-e-banking-system/

 
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-- © Copyright Thai PBS 2018-09-05
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1 hour ago, webfact said:

He said those responsible for the incident did not follow established working procedure.

In a responsibly-run company and where the consequences of carelessness or stupidity are so massive, the individual concerned would be sacked and no second chance given. Here, we will probably not even see a hand-slap . . . Mae pen rai . . . it's OK now . . . no probs, folks.

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2 hours ago, Ossy said:

In a responsibly-run company and where the consequences of carelessness or stupidity are so massive, the individual concerned would be sacked and no second chance given. Here, we will probably not even see a hand-slap . . . Mae pen rai . . . it's OK now . . . no probs, folks.

Responsible company???

I hope you dont think companies in 1st world countries are any better... It wasn't that long ago the the USA had to "help" a few reckless companies.

 

I bag Thailand as much as the next person, but there are limits to the critisism

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2 hours ago, Ossy said:

In a responsibly-run company and where the consequences of carelessness or stupidity are so massive, the individual concerned would be sacked and no second chance given. Here, we will probably not even see a hand-slap . . . Mae pen rai . . . it's OK now . . . no probs, folks.

Have you ever read any of the stories in the Register about cock ups by new(ish) IT bods written by the guilty party - you would be surprised!

https://www.theregister.co.uk/

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2 hours ago, Squigy said:

This happens... move on!!

No. 

 

It shouldn't happen and no one should move on, until it is fully explained what  procedures are being put in place to prevent such ineptitude occurring again. 

Edited by Bluespunk
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1 hour ago, DPKANKAN said:

If that is true, then why 5 banks?? 5 human errors??!!! Yeah right!!!

Ever had heard about networks?

The banks were connected via a system to do inter bank transfers.

If one banks brings that down/overloading, the others suffer too.

The situation was eased by temporarily disconnecting Kasikorn (which on the other side means no transfers from and to other banks for K.).

 

 

Edited by KhunBENQ
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5 hours ago, Thian said:

Did not follow the procedure?? That's the story of whole Thailand.....555

Each has his/her own procedure.  Just ask any Immigration Officer for his/her 'interpretation' of any given procedure and they will all give you an answer as they personally interpret 'the rules'.    Normally it depends on how their previous evening went, how many Beers they drank and if their partner was 'forthcoming' with favours !

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5 hours ago, webfact said:

did not cause any financial damage

A couple of months later they discover large sums of money are missing, which were manually siphoned out of the system.

 

5 banks down caused by Human error? Bs. They probably don't know what really happened. 

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2 hours ago, Cheops said:

5 banks down caused by Human error? Bs.

All those banks used the same banking channels so not BS.  Banks outside those 'shared' channels were not affected.

 

As for 'human error', who needs hackers when the banks can cause chaos without them!

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9 hours ago, Samui Bodoh said:

"...the crash of the e-banking system of Siam Commercial Bank, Thanachart Bank, Krung Thai Bank, Kasikorn Bank and Bank of Ayudhya was caused by human error..."

 

Following standard operating procedure, the employee has now been promoted to senior management level.

 

"His talents were being wasted" said one executive, "he comes from a 'good' family".

 

:cheesy::cheesy::cheesy::cheesy::cheesy:

 

 

 

Awesome response

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1 hour ago, CanuckThai said:

Anyone ever heard of 5 individual financial institutions in the same country, experiencing technical issues, as a "human error" at the same time?   Another first for me....

These banks shared the same 'switching system'.  Once Kbank disconnected itself all the other banks were up and running.

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20 hours ago, CanuckThai said:

Anyone ever heard of 5 individual financial institutions in the same country, experiencing technical issues, as a "human error" at the same time?   Another first for me....

Not only in Thailand:

 

Quote

Thousands of people across the UK were charged twice for debit card payments following a glitch.

Customers paid twice due to a problem with card terminals run by Cardnet, despite transactions only showing up once on receipts.

The error affected around 5% of payments made on machines on 29 August.

 

Cardnet is a payment system run by Lloyds Bank and card processor First Data, which handles 1.1 billion transactions a year, including for a wide range of shops, restaurants and businesses in Britain.

This means that Lloyds customers were not the only ones affected, since the machines accept most Mastercard and Visa payments.

Customers will have to check their bank statements for duplicate payments - but they should have been automatically reimbursed.

 

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On 9/5/2018 at 1:17 PM, HHTel said:

All those banks used the same banking channels so not BS.  Banks outside those 'shared' channels were not affected.

 

As for 'human error', who needs hackers when the banks can cause chaos without them!

Sorry, of course all banks are connected, otherwise you can't get money from another banks atm where you don't have an account. 

 

What I meant is that the human error story is probably bs.

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