U.S. Fortune 500 companies, excluding Microsoft (MSFT.O), opens new tab, will face $5.4 billion in financial losses from the recent CrowdStrike (CRWD.O), opens new tab outage, insurer Parametrix said on Wednesday.
CrowdStrike’s faulty update to its security software crashed computers powered by Microsoft’s Windows operating system, disrupting internet services across the globe and affecting a broad swathe of industries including airlines, banking and healthcare.
Source: REUTER
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