At least 10 billion dollars cost the largest computer failure in history – 2024-07-22 23:21:15

by times news cr

2024-07-22 23:21:15

The update, which was released on Friday by the American cyber security company CrowdStrike, cost the world at least $10 billion.

“Economic damages could reach tens of billions of dollars,” said Nir Perry, CEO of cyber insurance platform Cyberwrite.

This update crashed the systems of 8.5 million computers running the Microsoft Windows operating system. This caused the biggest crash in the history of IT.

Microsoft and CrowdStrike tackled the problem just hours after it appeared, but it has already had serious consequences around the world.

The damage caused by this collapse is estimated at 10 billion dollars. Multiple industries such as airlines, airports, banks, hotels, hospitals and others were affected.

The hardest hit were hospitals and airlines.

On Friday, more than 5,000 flights were canceled, about 4.6% of those scheduled for the day. This also led to many flight delays.

Many hospitals have had to temporarily suspend non-emergency surgeries and examinations. They also did not have access to patient data stored in the system. In countries such as England, there were significantly more calls to the emergency department.

This crash has brought new dangers to the online world. Many online scammers and fraudsters are trying to take advantage of the situation. They put out fake notices to change the date of flights or pretend to be banks that want the customer’s account information.

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