A mass IT outage has caused chaos around the world, with major airlines among the victims.
A mass IT outage has caused chaos around the world, with major banks, media outlets and airlines among the victims.
Microsoft has said it is taking "mitigation action" to deal with "the lingering impact" of the outage. Crowdstrike shares plunged as much as 21% in early pre-market trade. Microsoft also lost ground, as did travel and leisure stocks, as investors weighed the potential disruption for holidaymakers.It's a reminder of the complexity of our modern digital infrastructure that Crowdstrike, a company that's not exactly a household name, can be at the heart of such worldwide disarray.
As a provider of cyber-security services, it tends to get called in to deal with the aftermath of hack attacks. Each of those customers is a huge organisation in itself, so the number of individual computers affected is hard to estimate.
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