A computer-implemented failure monitoring system and method are used with at least one server and with a plurality of resource servers. The system includes a computer storage device that stores one or more failure parameters indicative of one or more failure conditions. The system further includes one or more computer processors that include a monitoring component, an analysis component, and a throttling component. The monitoring component obtains information regarding service requests transmitted by the at least one server for which corresponding responses have not been timely received. The analysis component compares the information to the one or more failure parameters and determines whether at least one failure condition exists. The throttling component selectively inhibits transmission of service requests corresponding to the at least one failure condition while the at least one failure condition exists.