Dotcom-Monitor is tracking a Wells Fargo down website based on a consistent failure to connect host issues that began at approximately April 4, 12 PM CST. Dotcom-Monitor has been tracking a history of banking website outages for several months and has provided analysis of banking outages for the financial industry for issues involving recent PNC bank outages, U.S. Bancorp outages, and a previous Wells Fargo outages.
Despite efforts to avoid bank website outages they have occurred on a very broad scale in 2012 are likely to continue to occur. Therefore, it is the banks that most effectively respond to website downtime issues that have a market advantage in avoiding the loss of bank website users.
Downtime events like the Sept 27, 2012, PNC Financials website outage make for compelling headlines, banker headaches, and bank website user annoyances. But, is this downtime more than that? Is it another locus-of-control (digital access to money) in the modern age that is spinning out-of-control into an encroaching cyber black hole of economic chaos? Well no, but… downtime and slow downs do have an impact.
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