Yesterday Bendigo Bank was hit by a major IT outage which put its online services and ATMs out action for most of the day, in the process causing disruption to many irate customers who could not access their money.

And it wasn’t just Bendigo Bank that was down yesterday, but Gmail and Google Drive too, with digital outages a real world problem, not just virtual ones.

In a timely finding, application downtime costs Australian businesses an average of more than $762,000 per incident, according to new research.

Global outdoors apparel and equipment vendor Kathmandu Holdings has suffered a breach of its online trading sites and says it is carrying out an investigation to find out the nature of the hack.

Australian-listed fintech company Identitii has renewed an agreement with global tier one bank, HSBC Global Services (UK), to undertake phase two of a project to support HSBC’s plans to roll out Identitii’s intelligent information solution into multiple geographies.

Australian researchers for iconic global tech giant IBM have applied machine learning to identify proteins in blood that can predict Alzheimer’s disease risk.

And of course, there's plenty more so for all the news visit www.itwire.com.

Have a great day!

Stan Beer, Editor, iTWire

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