Wire · technology
Google Cloud Power Outage Takes Down Revolut, ING and Spotify
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Fusion42 · 21 October 2026 · Fusion42 review
A power outage at Google Cloud's London europe-west2 region caused widespread service disruptions for Revolut, ING, Spotify, and various other services, highlighting the risks of reliance on a few major cloud providers. The event underscores heightened regulatory scrutiny in the EU on cloud dependency, especially in banking under the Digital Operational Resilience Act (DORA).
This Wire brief sits within Fusion42's coverage of Fintech, and 35 sources have reported it between 20 Oct 2026 and 26 Oct 2026.
◆ ◆ The Wire takeaway
Your cloud dependency just became a major operational risk as a single data center failure took down millions of users across banks and fintechs. You must rethink your resilience strategy before your single-region setup turns your platform into a single point of failure.
◆ Coverage
35 sources · first reported 20 Oct 2026 · latest 26 Oct 2026
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