Slow recovery after CrowdStrike update sparks global IT outage
Head of the cybersecurity firm issues a public apology but cautions that a total recovery could take weeks.
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Head of the cybersecurity firm issues a public apology but cautions that a total recovery could take weeks.
As the world continues to recover from massive business and travel disruptions caused by a faulty software update from cybersecurity firm CrowdStrike, malicious actors are trying to exploit the situation for their own gain.
(Reuters) -- A global tech outage on Friday crippled industries from travel to finance before services started coming back online after hours of disruption, highlighting the risks of a global shift toward digital, interconnected technologies.
▶ Follow the AP’s live coverageof the global outage.
CrowdStrike shares jumped 7% on Monday after an announcement that the cybersecurity software vendor was joining the S&P 500, replacing financial firm Comerica.
CrowdStrike shares surged as much as 21% in after-hours trading Tuesday after the cybersecurity company reported a beat on the top and bottom lines, plus issued stronger-than-expected guidance for the upcoming quarter and full year.