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CrowdStrike and Microsoft shares plunge after major outage

Invezz Friday, 19 July 2024 ()
Cybersecurity firm CrowdStrike experienced a significant drop in its share price on Friday following an update that led to a widespread outage, affecting businesses globally. The company, known for its software that helps firms manage IT security, saw its shares plummet 20% in US premarket trading. Meanwhile, Microsoft also faced issues with its Azure cloud […]
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Video Credit: Oneindia - Published
News video: Microsoft Global Outage Explained: Massive Cyber Attack On World Internet? | Who Are CrowdStrike?

Microsoft Global Outage Explained: Massive Cyber Attack On World Internet? | Who Are CrowdStrike? 03:26

A global IT crisis is unfolding due to a faulty CrowdStrike update causing Windows systems to crash with the Blue Screen of Death. This has led to widespread disruptions affecting Microsoft services, airlines, airports, and other sectors worldwide. Major U.S. carriers have issued ground stops, and...

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