Google Accidentally Deleted $125 Billion Pension Fund’s Account

Google made a big mistake late . The company unexpectedly rub out the individual Google Cloud account of a $ 125 billion Australian pension stock , UniSuper .

The result : more than half a million UniSuper investment trust members had no access to their account for about a week , The Guardian report last week . UniSuper had a backup accountwith another swarm provider , and service was furbish up May 2 .

“ This is an quarantined , ‘ one - of - a - kind occurrence ’ that has never before come with any of Google Cloud ’s clients globally , ” Google Cloud CEO Thomas Kurian and UniSuper CEO Peter Chun say in a joint statementobtained by The GuardianMay 8 . “ This should not have happened . Google Cloud has identified the event that led to this interruption and taken measuring stick to ensure this does not happen again . ”

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While Google said the mistake has never happened before on the cloud , the possibility for glitches and outages are suit for concern for companies and government activity that increasingly move their data point to swarm computer software providers . Google Cloud count about60 % of the mankind ’s 1,000 fully grown companiesand 90 % of generative AI unicorns as its customers , the society said this year . Andnearly half a million companiesacross the globe habit Google Cloud as a “ platform - as - a - service , ” or client - facing creature , admit Volkswagen and Royal Bank of Canada .

The U.S. politics and intelligence communities have increasingly used cloud avail for data reposition . The National Security Agency inked a $ 10 billion deal with Amazonto move its intelligence surveillance data onto the party ’s cloud . And the Pentagon has a $ 9 billion contractwith Microsoft , Google , Oracle , and Amazon for cloud computation services .

This article primitively appear onQuartz .

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