Federal Reserve’s Money Transfer Services Suffer Outage
Business Continuity Management / Disaster Recovery , Critical Infrastructure Security , Finance & Banking Operational Error Blamed for Nationwide System Crash Doug Olenick (DougOlenick) • February 24, 2021 The Federal Reserve’s online money transfer system, including Fedwire Funds and Fedcash, suffered an outage for more than three hours Wednesday afternoon, citing technical issues…