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Possible Amazon cloud failure worries tech community

Responding to an FN article on banks' over-reliance on AWS, experts warn of potential havoc in the event the system went down

Possible Amazon cloud failure worries tech community
Photo: iStockPhoto

The tech community has added its voice to the debate around whether companies are at risk from an over-reliance on a cloud-based computing service run by e-commerce giant Amazon.

Financial News this week published an article that revealed Amazon Web Services as the predominant cloud provider to the City and highlighted concerns aired by the Financial Stability Board that the cloud computing giant could now be 'too big to fail'.

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