2024-07-23 14:59:08
Technology
Business
IT security

Businesses Struggle in the Aftermath of CrowdStrike Outage

Image used under license from Shutterstock.com

A widespread IT outage caused by a faulty software update from cybersecurity firm CrowdStrike has left businesses of all sizes grappling with technological chaos. Major corporations like Delta Air Lines have been severely impacted, canceling thousands of flights and struggling to restore normal operations.

However, the problem has hit smaller businesses particularly hard, as they lack the resources and support of larger companies. Many small businesses are still struggling to resolve the issues caused by the faulty update, unable to access key services and facing financial losses.

The incident has highlighted the fragility of a digitized world dependent on a few providers for key computing services. It has also raised questions about the speed and testing of updates in the cybersecurity industry, as well as the effectiveness of cybersecurity regulations.

The repercussions of this outage are expected to be felt for days and weeks to come.

The Street
23. Juli 2024 um 22:28

CrowdStrike stock tumbles after update triggers global IT chaos TheStreet Daily Newsletter

Technology
Economy
Finance
Wedbush analysts view the incident as a 'major black eye' for CrowdStrike, but believe it could create an opportunity for competitive displacements as CIOs and companies re-evaluate their cybersecurity solutions in the aftermath.
The Street
25. Juli 2024 um 14:05

CrowdStrike IT outage: Here's who's most impacted TheStreet Daily Newsletter

Technology
Economy
Crowdstrike software glitch impacted computers worldwide, grounding airlines, scrambling hospitals, knocking media off air, and disrupting trading, banking, and emergency services globally; Crowdstrike CEO said it was not a security incident or cyberattack; American Express posted mixed results, with its affluent customer base spending less than forecast but still beating profit targets.
New York Times - Technology
23. Juli 2024 um 04:59

Delta Cancels More Flights as it Struggles to Recover From Tech Outage

Technology
Economy
Delta Air Lines struggles to recover from a global software outage, leading to over a thousand flight cancellations. Secretary of Transportation Pete Buttigieg criticizes Delta's customer service and demands adequate assistance for affected passengers. The outage, caused by a flawed update from CrowdStrike, also grounded flights for Allegiant Air, American Airlines, Spirit Airlines, and United Airlines. Delta's CEO, Ed Bastian, apologizes for the cancellations and offers travel waivers and acc..
Inc.com
22. Juli 2024 um 17:28

Businesses Large and Small Still Sorting Out CrowdStrike Outage Chaos

Economy
Technology
An owner of a consumer insights research firm couldn't pay her employees, make Friday's deadline to sign a contract for a new business or send key research to a key client. A psychiatrist, who runs a virtual mental health practice in Maryland, saw his business hobbled as some of his virtual assistants and therapists couldn't either make phone calls or log on to their computers. And a restaurant owner in New York City was worried about how he was going to pay his vendors and his workers. And am..
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