Insured losses from CrowdStrike’s outage likely total $540 million to $1.08 billion, says insurer Parametrix

Insured losses from CrowdStrike’s outage likely total $540 million to $1.08 billion, says insurer Parametrix

Fortune 500 firms excluding Microsoft to see $5.4 bln in CrowdStrike losses LONDON: U.S. Fortune 500 companies, excluding Microsoft will face $5.4 billion in financial losses from the recent CrowdStrike outage, insurer Parametrix said on Wednesday. CrowdStrike’s...

Major global IT outage grounds flights, hits banks and businesses around the world

A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike and Microsoft on Friday affected operations in sectors including airports, airlines, media and banks. Below is a list of disruptions that have been reported: AIRLINES,...