• Contact
  • Feedback
Banking Day
ConfidentiallySpeaking.com.au Logo
High-impact negotiation masterclass | July 9 & 16, 2025 | 5:00pm - 8:30pm
This high-impact negotiation masterclass teaches practical strategies to help you succeed in challenging negotiations.
Register Now
  • News
  • Topics
    • All Topics
    • Briefs
    • Major Banks
    • Authorised deposit-taking institutions
    • Insurance, funds and super
    • Payments, mobile & wallets
    • Consumer lending
    • Mortgages
    • Business lending
    • Finance regulation
    • Debt capital markets
    • Ratings agencies
    • Equity capital markets
    • Professional services
    • Work & career
    • Foreign news
    • Other topics
  • Free Trial
  • Subscribe
  • Resources
    • Industry events
  • About us
    • About Banking Day
    • Advertise
    • Feedback
    • Contact Banking Day
  • Search
  • Login
  • My account
    • Account settings
    • User Admin
    • Logout

Login or request a free trial

Report fingers IBM as the cause of NAB outage

11 October 2016 5:18PM
National Australia Bank's banking system outage, which shut down services for more than a day last week and flared up again yesterday, was the result of human error at its IT systems partner IBM, according to a report. itnews reports that NAB has had an outsourcing contract with IBM since 2010, covering maintenance of its mainframes, storage and hosting, desktop fleet management, printing, service desks and operating systems.Despite the bank's rule that no production changes can be undertaken during business hours, an IBM staffer attempted a change and instead deleted "a primary DNS zone".The delay in getting services back up was due to the wait for the changes initiated to "propagate through the wider DNS," itnews reports.At 1.30pm yesterday the bank issued a statement saying customers were not able to use their cards in ATMs or payment terminals. Social media reports indicate the problem started around 11am.The latest outage also hit merchant terminals and Hicaps (medical payments) terminals. The bank directed customers to branches.Last week's outage affected mobile banking services and the internet banking platform of subsidiary UBank.

I'm a returning subscriber

*
Password reset *
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day
ConfidentiallySpeaking.com.au Logo
High-impact negotiation masterclass | July 9 & 16, 2025 | 5:00pm - 8:30pm
This high-impact negotiation masterclass teaches practical strategies to help you succeed in challenging negotiations.
Register Now

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con

Copyright © WorkDay Media 2003-2025.

Banking Day is a WorkDay Media publication

WorkDay Media Unit Trust

  • Privacy policy
  • Terms of access and use