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Fed System Monitoring Banks Had Outage Last Month

Wall Street Journal Markets •
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The disruption hit the National Information Center, a data system used by regulators. The outage occurred last month and affected systems that monitor bank activity. The National Information Center is operated by the Federal Reserve and supports oversight of financial institutions.

Regulators rely on this system for real-time data on bank health and compliance. The incident raised concerns about the resilience of critical financial infrastructure. No specific details about the cause or duration were disclosed in the report.

The Federal Reserve has not issued a public statement on the matter. The outage did not disrupt consumer banking services directly. However, it hindered regulatory monitoring capabilities during the period.

The Wall Street Journal Markets first reported the incident based on internal sources.