“People are concerned that wages won’t get paid because of this, and that’s just stressful when they have bills to pay.”
Fourteen thousand charities have had no online banking for a week and there is still no restoration date. CAF holds £1.45 billion of their deposits. The bank says the core bank is unaffected, which is accurate and no help at all when payroll is due Friday. The hole was in the connection between its systems and third-party software, and it turned up only because someone was already trying to commit fraud through it.