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Company Blames Defect In Content Update

CrowdStrike Outage Impacts Businesses Globally

Company Blames Defect in Content Update

Cybersecurity firm CrowdStrike suffered a major outage on Friday, impacting businesses globally, NBC reported.

CEO Statement

CrowdStrike CEO George Kurtz released a statement on Twitter Friday evening, saying the outage was caused by a defect in a content update for the company's Falcon endpoint protection software.

The outage began at around 8:00 AM ET and lasted for several hours, according to Kurtz.

Impact on Businesses

The outage affected businesses around the world, causing disruptions to email, file access, and other critical services.

Some businesses reported being unable to access their data or communicate with customers and partners.

Stock Market Fallout

CrowdStrike shares plunged as much as 21% in early pre-market trade on Monday following news of the outage.

Microsoft and travel and leisure stocks also lost ground as investors weighed the potential impact of the outage on the broader economy.

Conclusion

The CrowdStrike outage is a reminder of the importance of cybersecurity and the potential impact of outages on businesses.

Businesses should have a disaster recovery plan in place to prepare for the event of an outage and ensure that they can continue to operate in the event of a disruption.


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