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UK lawmakers call for action on banks, Big Tech to avoid IT failures - Reuters
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The review was launched once a serious IT meltdown last year at TSB, a part of Spain’s Sabadell, that left thousands of consumers bolted out of their on-line accounts. the difficulty diode to the resignation of TSB’s CEO Paul beleaguer.
Many market infrastructure services ANd technology that banks use area unit outsourced and also the review aforementioned corporations cannot use third party failures as an excuse once incidents occur, drawing attention to suppliers of cloud computing.