Loading...
Market
Will the global payments issue affecting CHAPS be identified as a cyber attack by August 31, 2024?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from the Bank of England or credible news sources
Story
Bank of England's CHAPS Service Hit by Global Payments Issue, Causing Delays to House Purchases
Jul 18, 2024, 02:30 PM
The Bank of England has reported that its CHAPS service, one of the largest high-value payment systems globally, is experiencing delays due to a global payments issue. This disruption is affecting high-value and time-sensitive transactions, including some house purchases. The issue, which has raised concerns about the stability of the financial system, is speculated to be linked to cyber attacks.
View original story
Similar markets
Yes • 50%
No • 50%
Bank of England • 25%
Third-party supplier • 25%
Both • 25%
Neither • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Fines or penalties • 25%
Operational changes • 25%
Leadership changes • 25%
No significant consequences • 25%
Yes • 50%
No • 50%
Cybersecurity breach • 25%
Technical malfunction • 25%
Human error • 25%
Other • 25%
