Software Outage news and trends

CrowdStrike CEO Updates Solutions to Global Microsoft Outage
Connected Economy // July 19, 2024

The outage that continued to snarl systems from airports to stock exchanges Friday morning started when it struck users of Microsoft’s Windows operating system late Thursday (July 18) and early Friday (July 19) and was caused by cybersecurity firm CrowdStrike’s software update, CrowdStrike CEO George...

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Microsoft Outage Could Produce ‘Insurance Catastrophe’

July 19, 2024
Insurers reportedly could be facing hundreds or thousands of business interruption claims resulting from the Microsoft outage that began late Thursday (July 18). Economic damages from the event, which crippled industries and inconvenienced consumers around the world, could amount to tens of billions of dollars, Reuters reported Friday (July 19). Nir Perry, CEO at cyber insurance risk platform CyberWrite, said […]

CrowdStrike CEO Updates Solutions to Global Microsoft Outage

July 19, 2024
The outage that continued to snarl systems from airports to stock exchanges Friday morning started when it struck users of Microsoft’s Windows operating system late Thursday (July 18) and early...