Global IT outage linked to CrowdStrike update disrupts banks, airlines, and services worldwide.

A global IT outage linked to a possible faulty update from cybersecurity service CrowdStrike has impacted nationwide bank payment systems, television networks, and Microsoft services worldwide. The outage has disrupted flight operations, grounding planes, and causing significant financial losses. Major airlines, banks, telecom companies, and media organizations in Australia, India, and other countries have experienced system issues and delays. The outage is expected to cause dramatic damage to business processes at a global level.

July 19, 2024
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