[ArielCasper]

https://sg.finance.yahoo.com/news/dbs-is...39014.html

Separately, Gupta said the bank is reviewing its infrastructure for ways to improve its recovery capabilities, in his first public comments after the most recent disruption to digital banking services.

The bank was slapped with higher capital requirements after the issues Singapore’s regulator called “unacceptable.”

Two earlier incidents were around software glitches, he said.

“The most recent thing was just coincidental,” he added, saying the bank’s infrastructure is robust.

In 2021, the bank suffered one of its worst digital disruptions in the past decade. In March this year, DBS’ digital banking services in Singapore were disrupted for about 10 hours. Just over a month later, its digital systems were again disrupted for 45 minutes, according to the bank.

“I’m a firm believer in the fact that if you start penalizing people every time something goes wrong, you will never build the kind of culture you want to build,” he said. “The culture of risk taking, entrepreneurship and winning.”

Like that can ask our dear Mr CEO, I go gamble with Bank's money.. that is call risk taking, entrepreneurship and winning.. If I lose the bank's money, customer's problem? Like that better put yr money in T bill..

At least ah gong lesser risk to lose money..