Cybersecurity firm CrowdStrike is set to release its second-quarter earnings on August 28, facing scrutiny from a lawsuit filed by Delta Air Lines over a system outage. While analysts expect strong revenue and earnings, the lawsuit adds a layer of complexity to the company’s performance.
A faulty driver update for CrowdStrike’s cybersecurity software caused a massive outage affecting 8.5 million Windows machines globally, including critical infrastructure. The outage cost businesses billions in lost revenue and highlighted the potential risks of software updates.
Delta Air Lines is suing Microsoft and CrowdStrike over a faulty CrowdStrike update that caused a massive outage, costing Delta millions in revenue. Microsoft has denied any responsibility, claiming Delta ignored their offers of assistance and has outdated IT infrastructure.
Delta Air Lines CEO Ed Bastian has revealed that the recent global CrowdStrike outage cost the company a staggering $500 million in lost revenue. The outage, caused by a faulty update to CrowdStrike’s security software, forced Delta to cancel thousands of flights and put travelers up in hotels. Delta has filed a lawsuit against CrowdStrike and Microsoft, seeking damages for the disruption. The lawsuit highlights the potential risks associated with third-party access to critical system infrastructure and the importance of rigorous testing before deploying software updates.
Microsoft has revised its estimate of the impact from the CrowdStrike outage, acknowledging that the initial figure of 8.5 million affected Windows machines may be low. The outage, caused by a faulty driver update for CrowdStrike’s Falcon Sensor software, affected major businesses globally, resulting in significant revenue losses. This incident highlights the vulnerabilities of critical infrastructure to cybersecurity threats.
This week’s episode of The TT Show dives into the massive CrowdStrike Windows outage, Intel’s ongoing CPU problems, AMD’s Ryzen 9000 Series delay, and overheating GeForce RTX 40 Series cards. Despite the tech woes, the show ends on a positive note with a hidden ray-tracing mode in Forza Motorsport.
A faulty CrowdStrike update caused a massive global IT outage affecting millions of Windows machines, leading to estimated losses of $15 billion. The outage impacted numerous industries, and insurance payouts are expected to be significantly lower than the actual losses.
CrowdStrike, the cybersecurity company, is facing a major breach after a hacktivist group, allegedly linked to USDoD, stole sensitive information and threatened to release more. This incident follows a recent widespread operating system outage caused by a defect in CrowdStrike’s Falcon content update, impacting various industries, including airlines.
A global IT outage caused by a CrowdStrike update left Grant Thornton Australia with 100 servers down. Their IT team ingeniously used barcode scanners to speed up the recovery process, significantly reducing downtime and saving thousands of dollars.
CrowdStrike is facing backlash after a faulty driver update caused a widespread outage affecting millions of Windows machines. The company is attempting to appease customers with $10 Uber Eats gift cards, but some users are reporting issues redeeming the codes.
