Mika Rautio<p>There was a hardware defect in the Target 2 system (T2), It is used to settle more than 3 trillion euros ($3.12 trillion) of daily payments and financial trades between banks. The incident lasted until early on Friday morning, delaying money sent in the night for about six hours.</p><p><a href="https://www.reuters.com/markets/europe/deutsche-boerses-clearstream-deals-with-residual-impact-ecb-outage-2025-02-28/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/markets/europe/deu</span><span class="invisible">tsche-boerses-clearstream-deals-with-residual-impact-ecb-outage-2025-02-28/</span></a></p><p><a href="https://infosec.exchange/tags/ecb" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ecb</span></a> <a href="https://infosec.exchange/tags/target2" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>target2</span></a></p>