AWS Outage: Billions Lost, Multi-Cloud Is Wall Street's Solution
The single cloud failure that could cost Wall Street billions and why multi-cloud is the only future-proof fix.gettyOn Monday, Oct. 20, a widespread outage at Amazon Web Services reverberated through the global economy, offering a stark reminder of the financial industry’s deep dependence on a handful of tech giants. The disruption, primarily centered on AWS’s massive US-EAST-1 region in northern Virginia, caused connectivity issues and elevated error rates for thousands of companies worldwide, immediately ...