Microsoft will host a special cybersecurity event with CrowdStrike next month with plans to discuss how the industry can prevent another massive technical outage like the one that crashed millions of Windows computers in July.
The system crash was caused by CrowdStrike sending out a faulty software update, which shut down millions of internet-connected systems, from hospitals to airports. The incident was estimated to cost Fortune 500 companies more than $5 billion. Delta Airlines, seeking damages from CrowdsStrike and Microsoft, estimated they lost more than $500 million in canceled flights as a result of the outage.
