
What you need to know
- July 19, 2024, marks the biggest global IT apocalypse in recent history, as a CrowdStrike update to a popular corporate Windows security solution triggers "Blue Screen of Death" crashes.
- CrowdStrike's CEO's initial statement did not mention an apology, leading to a backlash.
- Microsoft has also responded to the outages after initially being widely (and wrongfully) blamed.
- CrowdStrike is an $80 billion company with roughly 10% of its share price wiped out over the outage.