Google divests pension funds of 125 billion accounts through Occident from the cloud
Google divests pension funds of 125 billion accounts through Occident from the cloud. Because of a major goof up involving UniSuper, a major financial player and Google’s Cloud division, over 6,20,000 people lost their pension after an account holding $125 billion was deleted by accident , Other Google Cloud users are starting to wonder if their data is safe too. Google Cloud is doing its best to calm everyone down, promising to beef up security. Image Credit: Reuters.
Google divests pension funds of 125 billion accounts through Occident from the cloud – Imagine waking up one day to find your entire retirement fund hanging by a thread, all because of a simple mistake in setting up a cloud account.
That’s exactly what happened to UniSuper, a major financial player when their private cloud partnership with Google Cloud went up in smoke. For over 6,20,000 UniSuper members, it was a nerve-wracking ordeal.
Services were down, leaving them clueless about the state of their hard-earned savings. And when things finally got back on track, the numbers they saw were way off, stuck in a time warp from the previous week. In a rare move, UniSuper and Google Cloud stepped up together to say sorry.
They owned up to the mess, admitting it was a goof-up on UniSuper’s end that accidentally wiped out their cloud subscription. Both CEOs promised it was a one time blunder, something that had never happened before with any other Google Cloud client. But even with backup plans in place, UniSuper got hit hard. Cancelling their cloud deal threw everything into chaos, making it a real headache to get things back in order. They had to call in backup from another provider just to get the ball rolling again.
Restoring hundreds of virtual machines, databases, and apps that made up UniSuper’s cloud world was no small feat. It took a ton of teamwork between UniSuper and Google Cloud to patch things up. Now, folks are understandably rattled.
UniSuper members are worried sick, and other Google Cloud users are starting to wonder if their data is safe too. Google Cloud is doing its best to calm everyone down, promising to beef up security and make sure this kind of mess never happens again. But this whole saga is a wake-up call for everyone, not just UniSuper.
With billions of dollars on the line, it’s crystal clear that digital systems need to be rock-solid, especially when it comes to our hard-earned cash. For the record, UniSuper assets worth over $125 billion. UniSuper’s got its work cut out to fix things up and make sure lightning doesn’t strike twice. But for all of us, it’s a stark reminder of just how fragile our digital world can be, and how crucial it is to keep our financial nest eggs safe and sound.
