CrowdStrike shares down more than 8% after major outage hits businesses worldwide

Category: Cybersecurity

CrowdStrike experienced a significant outage due to a defect in a content update for Windows hosts, leading to a drop in its shares and affecting businesses worldwide. The CEO clarified that this was not a cyberattack, and a fix has been deployed. The incident also coincided with issues reported by Microsoft affecting its cloud services.

Keywords: CrowdStrike, cybersecurity, IT outage

Source: CNBC

Update At: 7/20/2024

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