Kuwaiti local banks have business sustainability plans for crisis response and recovery to curtail adverse impacts on digital infrastructure and banking services, reassured Kuwait Banking Association (KBA) on Friday. In a press release, the KBA said that the Central Bank of Kuwait (CBK) was working closely with the KBA and local banks in a bid to address the aftershocks of the information technology outage that hit the world earlier in the day. Earlier in the day, Microsoft Corp. announced that there was a glitch in its global public system, which led to technical problems at several airports in the United States and around the world. Microsoft said in a statement that this sudden glitch affected many applications and services, including operating systems such as Windows, disrupting operations in various sectors involving airlines, banks and several media outlets. Source: Kuwait News Agency
