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The Latest Breaking News from Cybersecurity

Spotify shares surge 15% after profitability hits record high – as it happened

The Swedish streaming company said gross margins hit a record high of 29.2% in the second quarter, after cost cuts and growth in subscriptions

The Guardian - UK

Cybersecurity firm Wiz rejects $23bn bid from Google parent Alphabet

Israeli company aims for stock market flotation after spurning biggest deal in tech group’s history

The Guardian - UK

IT outage compensation talk inevitable: CrowdStrike

The Australian president of CrowdStrike has apologised for the cybersecurity company's role in causing an outage that crippled global IT systems.

AAP

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CrowdStrike says more machines fixed as customers, regulators await details on what caused meltdown

Cybersecurity firm CrowdStrike says a “significant number” of the millions of computers that crashed on Friday, causing global disruptions, are back in operation as its customers and regulators await a more detailed explanation of what went wrong

The Independent UK

Business secretary expects to call in Czech billionaire’s Royal Mail takeover for review; Ryanair profits fall 46% – as it happened

UK business secretary Jonathan Reynolds says it is “reasonable” to expect Daniel Kretinsky’s £3.6bn takeover of Royal Mail would be subject to government review

The Guardian - UK

Stock market today: Asian shares fall after Wall St ends worst week; Biden withdraw from 2024 race

Asian stocks are mostly lower after President Joe Biden exited the 2024 race

The Independent UK

Microsoft-CrowdStrike outage: how a single software update was able to cause IT chaos across the globe

The world as we know it increasingly relies on digital connectivity that, for the most part, works quietly and invisibly in the background. So how did a single software update bring down half the internet?

The Conversation

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GPs need time to recover from global IT outage, warns BMA

A flawed update from cybersecurity provider CrowdStrike knocked many systems offline around the world on Friday.

The Independent UK

Global Warning: Phishing Scams Exploit Cybersecurity Outage

Learn about the aftermath of the CrowdStrike software update issue, including phishing scams, flight cancellations, and healthcare system challenges.

Top News

The Observer view on the global IT crash: lessons must be learned from CrowdStrike fiasco

Error that caused a global standstill reveals fragility of a networked world that has been created for efficiency rather than resilience

The Guardian - UK

8.5 million computers running Windows affected by faulty update from CrowdStrike

As the world continues to recover from massive business and travel disruptions caused by a faulty software update from cybersecurity firm CrowdStrike, malicious actors are trying to exploit the situation for their own gain

The Independent UK

Crowdstrike Software Update Causes Global Disruptions

CrowdStrike's faulty software update caused global disruptions, highlighting IT infrastructure vulnerabilities and raising concerns about technology ecosys...

Top News

Slow recovery after CrowdStrike update sparks global IT outage

Head of the cybersecurity firm issues a public apology but cautions that a total recovery could take weeks.

Al Jazeera

A global IT outage brought supply chains to their knees – we need to be better prepared next time

Friday’s global IT outage – caused by a faulty software update from cybersecurity firm Crowdstrike – wrought havoc on business operations around the world.

The Conversation

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Fortune

A risky trade-off made CrowdStrike's outage so devastating — cybersecurity leaders say there's no easy fix

With security providers issuing multiple updates a day, in-house teams must choose between speed and risk when deciding whether to test the software or keep their digital defenses up to date.

The Independent UK

Who is CrowdStrike CEO George Kurtz?

A worldwide tech glitch was caused by a software update sent out by cyber security company CrowdStrike

Pedestrian.tv

Microsoft Servers Are Back After The World’s Biggest Outage — Here’s What The Hell Happened

The world was hit by the biggest cyber outage in history on Friday, here's what you need to know about the Microsoft outage and its impacts.

Top News

Iowa's Critical IT Systems Restored After Global Outage

Iowa's IT systems restored post global outage caused by CrowdStrike software update. Gov. Kim Reynolds stresses cybersecurity importance.

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Barchart

Stocks Finish Lower on Global IT Chaos and a Slide in Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.71%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.93%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.93%. Stock indexes Friday finished moderately lower, with the S&P 500 falling to a 2-1/2...

Kiplinger

Stock Market Today: Stocks Tumble After Spectacular Global Internet Crash

Market participants rushed out of risk assets to end a wild week of trading.

The Guardian - US

What is CrowdStrike, and how did it cause a global Windows outage?

Software made by US cybersecurity company was intended to protect against crashes and disruptions in vital systems – it ended up taking them down

The Conversation

Massive IT outage spotlights major vulnerabilities in the global information ecosystem

The global information technology outage on July 19, 2024, that paralyzed organizations ranging from airlines to hospitals and even the delivery of uniforms for the Olympic Games represents a growing concern for cybersecurity professionals, businesses and governments.

Top News

Global Cybersecurity Incident Causes Worldwide Shutdown And Recovery Efforts

CrowdStrike's software update causing global shutdown reveals network vulnerabilities and recovery challenges.

France 24

Crowdstrike's massive global IT crash: Here's what you need to know

US cybersecurity firm CrowdStrike on Friday said it ‘had deployed’ a fix for a faulty software update that caused technology outages in much of the world, disrupting banks, airports, health care and media. Experts say the disruptions to companies and services reflect a worldwide dependence on software made by just…

The Independent UK

Massive outage causes worldwide chaos as software firm warns full fix could take ‘some time’

Britain hit as bug in cybersecurity update on Microsoft systems causes worldwide meltdown

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