Friday, December 13, 2024
HomeCybersecurityShares of CrowdStrike Plummet as the Effects of the Worldwide Tech Outage...

Shares of CrowdStrike Plummet as the Effects of the Worldwide Tech Outage Persist

Monday morning saw a 13% decline in CrowdStrike shares as the cybersecurity software provider assisted clients from various industries in recovering from an outage that knocked millions of Microsoft Windows PCs offline last week.

The company released a faulty update to its Falcon vulnerability-protection software early on Friday, causing display panels, PCs, and computer servers in data centres to crash.

This led to flight delays and cancelled doctor’s appointments. 8.5 million Windows devices—less than 1% of all devices worldwide—were affected by the event.

Source (CNBC)

SourceCNBC
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