CrowdStrike Holdings (CRWD) shares are recovering slightly after a major outage impacted several industries. With second-quarter earnings approaching, the stock’s volatility is expected to continue. The company is addressing competition and the outage, which will be key topics during the earnings call.
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 Microsoft has denied any responsibility, claiming Delta ignored their offers of assistance and has outdated IT infrastructure.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.
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.
A report from the Federal Communications Commission reveals the full extent of AT&T’s February 22 outage, highlighting the disruption to over 125 million devices, blocked 911 calls, and the company’s lack of sufficient testing before implementing a network change. The FCC is investigating potential violations of FCC rules and may impose a significant fine on AT&T.
A widespread Microsoft outage on Friday caused chaos across the globe, impacting banks, airlines, media outlets, and businesses. This article delves into the impact of the outage and explores the ownership structure of Microsoft, revealing the key players holding its substantial net worth.
CrowdStrike, the cybersecurity company behind a massive IT outage that affected millions of Windows machines, has revealed that a bug in its own internal code-testing software allowed faulty code to be released, causing widespread blue screens of death. The bug, which missed problematic data within a new update to the company’s Falcon Sensor software, led to an ‘out-of-bound memory read’ that triggered critical boot failures.
A faulty update on CrowdStrike’s Falcon platform caused a widespread outage last Friday, impacting businesses across various industries. While Microsoft and CrowdStrike have released solutions to address the issue, recovery efforts are ongoing, with some companies like Delta Airlines still struggling to fully recover. The outage, caused by a defect in a Falcon content update for Windows hosts, impacted 8.5 million PCs, but Mac and Linux systems were not affected. Both Microsoft and CrowdStrike have provided detailed instructions and guidance to assist users in restoring their systems.
