Visa claims "rare" failure in networking switch caused payments meltdown

clock • 4 min read

Letter to House of Commons Treasure Committee explains cause of payments glitch earlier this month

The Visa payments system meltdown at the beginning of the month was due to a "rare" failure in a key networking switch.  The admission was made in a letter to Nicky Morgan MP, chair of the House...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
IT incident cancels Swiss visa appointments in UK

Outsourcing

TLScontact also suffered an issue with French visa applications in April

clock 28 July 2023 • 3 min read
Cisco fixes critical bugs in Small Business Series switches

Threats and Risks

Proof-of-concept exploit codes are available

clock 18 May 2023 • 3 min read
Amazon drops plan to ban UK Visa credit cards

Ecommerce

The online retailer said in November that Visa payment rates were an impediment to offering the best prices for customers

clock 18 January 2022 • 2 min read
Most read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Security

Law enforcement takes down LockBit - updated

Law enforcement takes down LockBit - updated

NCA among the groups under 'Operation Cronos'

Tom Allen
clock 20 February 2024 • 2 min read
Microsoft's chief security advisor joins Cybersecurity Festival 2024

Microsoft's chief security advisor joins Cybersecurity Festival 2024

Sarah Armstrong-Smith will talk AI in security

Tom Allen
clock 19 February 2024 • 1 min read
Microsoft announces critical zero-day Exchange bug

Microsoft announces critical zero-day Exchange bug

Enables remote control of Exchange Server

Vikki Davies
clock 16 February 2024 • 1 min read