From my understanding of the article, the BoE aren't concerned about their own infrastructure.
They're concerned about all the major retail banks using the same cloud provider and then that provider having a major outage.
Individual banks having an outage is an issue but one that can be handled. Three or four of the main banks all going down at once could be catastrophic.
They're concerned about all the major retail banks using the same cloud provider and then that provider having a major outage.
Individual banks having an outage is an issue but one that can be handled. Three or four of the main banks all going down at once could be catastrophic.