‘Robustness’ of digital banking systems must be assessed after Bank of Ireland glitch - McGrath
Minister for Finance has asked the Central Bank to establish ‘what happened, why and what will be done to avoid a repeat’
The “robustness” of online financial services needs to be assessed in the wake of the Bank of Ireland glitch, the Minister for Finance has said.
Yesterday, a glitch relating to Bank of Ireland’s mobile and online banking services allowed customers to gain access to funds beyond those actually in their accounts.
The bank has since apologised for any inconvenience caused by the technological breakdown, which saw gardaí across the country deployed to close ATMs after ...