By Pam Martens and Russ Martens: December 14, 2021 ~
FINRA is Wall Street’s self-regulator. Last Tuesday afternoon, December 7, we attempted to access the portion of his website that contains data on Wall Street’s Dark Pools. The web page was there, but the data wouldn’t open. We contacted FINRA via email and asked what the problem was. We were told it was “a result of today’s Amazon Web Services issue”.
Our problem on FINRA’s website last Tuesday was just the tip of the iceberg. Due to issues with Amazon Web Services (AWS), Amazon’s cloud service network, customers were unable to reach Delta Air Lines over AWS-supported phone lines; the Associated Press was limited in what it could publish for much of the day; Barron’s reported it was negatively impacted; Apps for McDonald’s and Ticketmaster and streaming services from Disney and Netflix were also taken offline. Amazon couriers could not access the information needed to deliver packages and some Amazon warehouses were unable to process orders. The outages also negatively impacted other Amazon services, such as the Alexa voice assistant, Kindle, Amazon Music, Amazon’s video conferencing service Chime, and the Ring security cameras.
But the outages reported by the media last Tuesday, which focused on the US East Coast from late morning through most of the afternoon, were likely just the tip of the iceberg. According to a report by John Cave in Contino on January 28, 2020, the following companies and government agencies were registered as AWS:
“Aon, Adobe, Airbnb, Alcatel-Lucent, AOL, Acquia, AdRoll, AEG, Alert Logic, Autodesk, Bitdefender, BMW, British Gas, Baidu, Bristol-Myers Squibb, Canon, Capital One, Channel 4, Chef, Citrix, Coinbase, Comcast, Coursera, Disney, Docker, Dow Jones, European Space Agency, ESPN, Expedia, Financial Times, FINRA, General Electric, GoSquared, Guardian News & Media, Harvard Medical School, Hearst Corporation, Hitachi, HTC, IMDb, International Center for Radio Astronomy Research, International Civil Aviation Organization, ITV, iZettle, Johnson & Johnson, JustGiving, JWT, Kaplan, Kellogg’s, Lamborghini, Lonely Planet, Lyft, Made.com, McDonalds, NASA, NASDAQ OMX, National Rail Inquiries, National Trust, Netflix, News International, News UK, Nokia, Nordstrom, Novartis, Pfizer, Philips, Pinterest, Quantas, Reddit, Sage, Samsung, SAP, Schneider Electric, Scribd, Securitas Direct, Siemens, Slack, Sony, SoundCloud, Spotify, Square Enix, Tata Motors, The Weather Company, Twitch, Turner Broadcasting, Tic cketmaster, Time Inc., Trainline, Ubisoft, UCAS, Unilever, US Department of State, USDA Food and Nutrition Service, UK Ministry of Justice, Vodafone Italy, WeTransfer, WIX, Xiaomi, Yelp, Zynga and Zillow.”
Amazon Web Services describes itself as follows: “…the world’s most comprehensive and widely adopted cloud platform, with more than 200 fully-featured services from data centers worldwide. Millions of customers — including the fastest-growing startups, largest enterprises, and leading government agencies — are using AWS to lower costs, become more agile, and innovate faster.”
Some of those “leading government agencies” are actually located in the United States — despite Amazon being controlled by multiple governments for abusing antitrust laws and trying to squash smaller competitors. ABC News reports that AWS “holds about a third of the $152 billion cloud services market, according to a report from Synergy Research — a larger share than its closest rivals, Microsoft and Google, combined.”
Amazon’s large corporate and government customers don’t seem to care either, as they entrust their confidential data to Amazon’s cloud, that Amazon billionaire founder and executive chairman Jeff Bezos doesn’t even share his lecherous private texts with his mistress. could keep out of the hands of the media.
Amazon has a unit called AWS GovCloud. It describes its US operations as follows:
“AWS GovCloud (US) regions are AWS’ isolated infrastructure and services designed to host sensitive data and regulated workloads. AWS GovCloud (US) regions provide customers of US government and US-regulated commercial companies the flexibility to design cloud solutions that comply with: Federal Risk and Authorization Management Program (FedRAMP) High baselines, International Traffic in Arms Regulations (ITAR) , Department of Defense Cloud (DoD) Computing Security Requirements Guide (SRG) for Impact Levels 2/4/5, Criminal Justice Information Systems (CJIS), and other compliance regimes.”
AWS says it is active in 245 countries. Some of those countries may pose security risks to the United States. AWS has announced that it is partnering with local companies in China and Russia to provide cloud services. It reports that “the service operator and provider for Amazon Web Services China (Beijing) Region, located in Beijing and adjacent areas, is Beijing Sinnet Technology Co., Ltd. (Sinnet), and the service operator and provider for Amazon Web (Ningxia) The region from Ningxia is Ningxia Western Cloud Data Technology Co., Ltd. (NWCD).”
ICT.Moscow reported in July of last year that AWS “had reached an agreement with Mail.ru Group on a partnership to enter the Russian market. Companies will be able to offer customers unified access to their cloud services and solutions in the multi-cloud format.”
With its expansive global presence, AWS has become a major profit center within the retail industry. CNBC reported on Sept. 5 that “more than half of Amazon’s operating profit” comes from AWS, which accounted for $13 billion in business revenue in 2020, versus Amazon’s total net income of $21 billion.
On December 10, three days after the massive power outages, AWS And last but not least a detailed explanation of what had gone wrong. But this is far from the first time AWS has gone down.
Given its size and dominance, increasing data storage breaches from multiple governments, and history of outages, Congress must open a formal investigation into AWS operations around the world, along with more detailed details about exactly what happened. last Tuesday, December 7. .