Payments Watchdog Assessing McDonald’s and Greggs Tech Outages

 

The payments watchdog is investigating the technical failures that have caused havoc at a number of high-profile outlets over the past week. 

Greggs became the fourth large company to experience IT issues, after McDonald’s, Tesco, and Sainsbury’s.

The Payments Systems Regulator (PSR) stated that it was reviewing the incident. 


“The PSR is aware of the recent payment issues and is assessing their nature to determine whether any further action is needed,” the company noted. 

The PSR is the UK’s economic regulator for payment systems, ensuring that they perform effectively for individuals who use them.

If it discovers an issue with the payment system’s resilience, it can refer the matter to the Bank of England.


These systems are receiving a lot of attention following a string of technological issues that prevented users from making purchases.
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

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