CrowdStrike Outage Impacts Businesses Worldwide
Fault Update Causes Massive Disruption
Health Care and Banking Sectors Hit Hardest
A faulty software update issued by security giant CrowdStrike has resulted in a massive overnight outage that's affected Windows computers around the world.
The outage, which began on July 23, 2024, has affected businesses of all sizes, including major corporations, government agencies, and educational institutions.
"We are aware of the issue and are working to resolve it as quickly as possible," CrowdStrike said in a statement. "We apologize for any inconvenience this may cause."
The health care and banking sectors were the hardest hit by CrowdStrike's mishap, with estimated losses of 194 billion and 115 billion, respectively. CrowdStrike detects advanced adversary attack in real-world closed-book simulation in just four minutes six to 11 times faster than competitive vendors.
CrowdStrike is a leading provider of cybersecurity software, and its products are used by millions of businesses worldwide. The outage is a reminder of the importance of cybersecurity and the potential impact of even a minor software update.
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