It is becoming clear who may be responsible for massive IT failures around the world

by times news cr

2024-07-20 00:11:25

The company said the outage was due to an issue with the latest update. CrowdStrike is currently rolling out this update worldwide.

This was confirmed after many reports of technical problems were received worldwide.

Earlier on Friday, Microsoft said its cloud services were largely restored after a disruption to its cloud applications in the US. It’s unclear if this outage was related to the CrowdStrike update.

However, the CrowdStrike update issue appears to have directly affected Windows systems around the world, with laptops displaying an error screen known as the “Blue Screen of Death”. blue screen of death).

CrowdStrike is aware of reports of crashes on Windows computers related to the Falcon Sensor, according to an autoresponder message recorded by CrowdStrike.

Airlines, broadcasters, telecommunications companies and banks were among the many companies that reported problems on Friday – although it was not immediately clear what caused each problem.

The London Stock Exchange said it was investigating technical problems with its news service, and Sky News, which is owned by CNBC parent Comcast, temporarily stopped broadcasting on Friday morning.

Meanwhile, airports around the world reported delays and some grounded flights due to technical problems. Spain’s airport authority warned travelers to expect delays on Friday due to an “incident in the computer system”, while UK airline Ryanair said its flights were disrupted by third-party IT problems. She advised passengers to arrive at the airport at least three hours before their scheduled departure time.

Australian telecommunications company Telstra has said that some of its systems have been disrupted due to global issues involving CrowdStrike and Microsoft. “This issue is causing some disruption to some of our customers and we thank them for their patience,” a company spokesperson said.

He admits his guilt

According to Sly News, IT security firm Crowdstrike admits the outages were caused by a “flaw” in its software update – but says the “flaw” has been fixed.

IT security firm Crowdstrike says it has identified the issue, isolated it and deployed a patch.

Many of the companies experiencing IT outages this morning are blaming Crowdstrike for releasing an update that may have caused global problems.

Crowdstrike CEO George Kurtz released the following statement:

Crowdstrike is actively working with customers affected by a flaw discovered in a single Windows software update. Mac and Linux systems are not affected. This is not a security incident or cyber attack. The issue has been identified, isolated, and a patch implemented.”

Crowdstrike is a cybersecurity service designed to stop internet breaches or hacks at the world’s largest companies.

A recent software update released by the company is believed to have caused the worldwide outage, according to Sky News.

Shares fell 15 percent.

Shares of Crowdstrike fell almost 15 percent on the New York Nasdaq stock exchange.

That reduced the cybersecurity company’s value by about $12.5 billion. dollars.

Tech expert Dan Ives of Wedbush Securities says Crowdstrike has a strong brand and weight in the global market, which will need to shift into a higher gear in the coming weeks and months to mitigate the damage.

He says that despite the widespread problems the company has caused, he is still positive about the company as a long-term investment prospect, according to the BBC.

This means that the company lost 16 billion overnight. dollar value.

Industry insiders say the problem stems from the fact that cloud security companies have too much privilege to update their customers’ underlying systems. When it works, it helps protect their systems. When an update attempt fails, the systems they are supposed to protect simultaneously fail.

Although in theory the fix is ​​simple – to update systems physically from backup disks, in practice it is now more difficult to do in the world of cloud computing, writes the BBC.

2024-07-20 00:11:25

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