CrowdStrike is sued by shareholders over huge software outage
They said CrowdStrike’s share price fell 32% over the next 12 days, wiping out $25 billion of market value, as…
Tag: CrowdStrike
Microsoft outage: Govt asks companies to block these 25 ‘dangerous URLs’
Earlier this month, a flawed software update by CrowdStrike affected 8.5 million Windows machines globally, disrupting crucial services like airlines,…
Delta Air Lines to seek compensation over cyber outage, CNBC reports
The Atlanta-based airline has been the slowest among major U.S. carriers to recover following the tech failure that led to…
Insured losses from CrowdStrike outage could reach $1.5 billion: CyberCube
Global insured losses from a recent IT outage caused by a software bug in CrowdStrike’s quality-control system are projected to…
Insurers to see limited hit from CrowdStrike disruption, Fitch says
Preliminary estimates suggest that insured losses could be in the range of mid-to-high single-digit billion dollars and most claims would…
What caused the global cyber outage?
Accelerated by the COVID-19 pandemic, governments and businesses alike have become increasingly dependent on a handful of interconnected technology companies…