Global insured losses from last week’s massive IT outage are likely to range from $400 million to $1.5 billion, cyber analytics firm CyberCube said on Thursday.
A software bug in cyber security firm CrowdStrike’s (CRWD.O), opens new tab quality-control system caused the software update that crashed computers globally, the U.S. firm said this week, as losses mount following disruption to services from aviation to banking.
Source: REUTER
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