EDITOR NOTE: The problem with centralization, as a principle, is that every system reliant on it gets disrupted if it fails to function properly. Yesterday morning, major websites like Delta Airlines, British Airways, Go Daddy, Vanguard, UPS, AT&T, and Costco (to name only a handful of the bigger companies) briefly went down when content distribution network Akamai experienced a disruption. The disruption wasn’t caused by a cyberattack, but rather a software update that caused a bug in the system. The speed and convenience that “centralized” digital networks provide is counterbalanced with a level of widespread damage that can also come with great speed and ease. In the domain of digital money, especially in a CBDC scenario, such setups present us with a triple risk: depth and breadth of potential disruption, ease of accessibility by hackers, and reliance on a central hub, whether from an infrastructure angle (such as distribution networks like Akamai) or a monetary interventionist angle (such as the Federal Reserve or the government). When it comes to securing financial assets, nothing beats the cold storage security of hard currency in non-CUSIP gold and silver.
It is unclear exactly what the source of the issue was, which has seemed to take many other websites down with it
Internet infrastructure company Akamai has said it is experiencing service disruption amid outages of major websites including Home Depot, UPS, Delta and many more - but now says it has solved the problem.
Many of the world’s biggest sites and services were hit by the problem, from gaming sites to streaming services and online stores.
The company said it had “implemented a fix for this issue, and based on current observations, the service is resuming normal operations. We will continue to monitor to ensure that the impact has been fully mitigated.”
It had previously stated that it was “experiencing a service disruption” and would “provide an update in 30 minutes”, according to a tweet it put out at 5:32pm GMT. It said soon after that the problem had been located, and then fixed.
Akamai is experiencing a service disruption. We are actively investigating the issue and will provide an update in 30 minutes.
— Akamai Technologies (@Akamai) July 22, 2021
The issues appeared to be with the domain name service, or DNS, infrastructure that is offered by Akamai and other web companies. DNS is something like the telephone book of the internet, ensuring that computers are able to properly connect to the websites and services they are looking to access.
It remains unclear what the cause of the outage was. But it did say it was confident that the problems were not the result of a cyber attack.
The Independent has reached out to Akamai for more information.
The outage took out a huge number of websites. Airlines including Delta, online stores such as Amazon, games including Call of Duty, streaming services such as HBO Max and a range of banks were unavailable, according to tracking website Down Detector.
The issues came just over a month after another major outage, caused by similar problems at another web infrastructure company, Fastly. That also led many of the world’s biggest websites to go briefly offline.
Original post from Independent