Imagine a super-fast highway for money used by banks in Europe. This highway, called Target 2, had a big problem! For several hours, banks couldn't send money to each other. This is like a traffic jam for trillions of dollars worth of transactions!
- The problem was a broken part of the computer system, not hackers.
- Banks had to wait to send their money, but the problem was later fixed.
- Regular people's bank accounts weren't affected by this problem.
| Problem | Details |
|---|---|
| Target 2 Outage | Major payment system in Europe stopped working. |
| Amount Affected | Over $3 trillion in transactions were delayed. |
| Cause | A broken computer part. |
| Duration | About 7 hours |
