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Japan Net Bank's trading disrupted by computer failure

From: Dave Farber <dave () farber net>
Date: Mon, 28 Apr 2003 20:43:52 -0400

Japan Net Bank's trading disrupted by computer failure

Tuesday, April 29, 2003 at 07:08 JST
TOKYO  Japan Net Bank, an Internet-only bank, said its online transactions
were paralyzed Monday due to computer failure.

The unit of Sumitomo Mitsui Banking Corp said it believes the failure was
caused by a surge in access to its web site. Transactions likely
concentrated on Monday following the weekend and ahead of Tuesday, which is
a national holiday in Japan, bank officials said. (Kyodo News)

http://www.japantoday.com/e/?content=news&id=258337

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Japan Net Bank's trading disrupted by computer failure Dave Farber (Apr 28)