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The global technology outage sparked by CloudStrike’s faulty update will cost US Fortune 500 companies $5.4bn, insurers estimated, as the cybersecurity firm vowed to make changes to prevent it from happening again, The Guardian reported. The projected financial losses exclude Microsoft, the tech giant whose systems suffered widespread failures in the crash. Companies in banking and healthcare are expected to
A global tech outage that was related to a software update by cybersecurity firm CrowdStrike affected nearly 8.5 million Microsoft devices, Microsoft said in a blog post on Saturday, Reuters reported.
CrowdStrike put up a blog post that gives some information about what happened recently. Here is part of that blog post: On July 19, 2024, at 04:09 UTC, as part of ongoing operations, CrowdStrike released a sensor configuration update to Windows systems. Sensor configuration updates are an ongoing part of the protection mechanisms of the Falcon platform. This configuration update