ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Michelle Maltais | Managing Editor/Money and Consumer News @mmaltaisLA | | |
If you were trying to get around either by plane or public transit, handle your finances, call 911 or even order a half-caf mocha latte via the Starbucks app, you were probably affected. Companies were navigating the dreaded blue screen from a tech outage that hit and hindered systems worldwide. The cause? A faulty software update that led to the biggest IT outage in history. |
More directly, CrowdStrike said one of its recent updates had a defect that didn't play nicely with Windows − "not a security incident or cyberattack." The reality is that this simple cause isn't such a simple fix and the impacts have proven pretty complicated − what might be best described as a programmer's nightmare come to life. The fix some are implementing requires several manual reboots, keeping the IT departments at many businesses buzzing. |
And the stock market was showing impact as well, as several related stocks including CrowdStrike have been taking a beating in today's trading. | | | | In the U.S., hundreds of flights were canceled Friday morning and some public transit systems reported impacts. | | | |  | A broad array of consumer services went awry in Friday's tech outage, from healthcare appointments to coffee orders to 911 calls. | | | | Several U.S. carriers issued ground stops for all their flights early on Friday following a global tech outage, according to the FAA. | | | | What is Crowdstrike? The cybersecurity firm appears to be linked to a global tech outage impacting many industries Friday morning. | | | | Krispy Kreme is responding to Friday's global tech outage by offering customers free doughnuts from 5-7 p.m. Friday. | | | | Computers and apps failed around the world, with inescapable impacts on your everyday life | | | | U.S. stocks traded without interruption despite a global outage across industries. Crowdstrike, which caused the outage, saw its shares tumble though. | | | | Airlines' thin margin for error business model means one technology hiccup can wreak havoc on the industry for hours or days. | | | | A global tech outage stemming from cyber company Crowdstrike disrupted major airlines, banks, and businesses worldwide. | | | | |  | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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