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Google Cloud–Revolut

The Bank of England and the Financial Conduct Authority face a November 4 deadline to detail their investigative response to a Google Cloud power failure. The incident serves as the first major test of new regulatory powers over critical technology providers.

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The Bank of England is assessing the systemic risk posed by concentrated cloud infrastructure following a major outage.From: UK Regulators Question Google Over Cloud Outage That Disrupted Major Banks

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The UK's Critical Third Parties regime grants regulators direct oversight over four major cloud providers.From: UK Regulators Question Google Over Cloud Outage That Disrupted Major Banks ·
Timeline of the October 20 Google Cloud disruption in London.From: UK Regulators Question Google Over Cloud Outage That Disrupted Major Banks ·
Traffic routing data shows the immediate impact of the europe-west2-b zone failure on Tuesday morning.From: Google Cloud Outage in London Disrupts Major European Banks and Financial Services ·
Availability zones are designed to isolate failures, but software control planes can sometimes bridge the physical gaps.From: Google Cloud Outage in London Disrupts Major European Banks and Financial Services ·
Illustration: Millions of retail banking customers were unable to access their funds during the prolonged downtime.From: UK Regulators Question Google Over Cloud Outage That Disrupted Major Banks ·
Illustration: Customers across Europe found themselves locked out of their banking applications during the morning commute.From: Google Cloud Outage in London Disrupts Major European Banks and Financial Services ·

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