Insurers have begun calculating the financial damage caused by last week’s devastating CrowdStrike software glitch that crashed computers, canceled flights and disrupted hospitals all around the globe — and the picture isn’t pretty.
"CrowdStrike said it also plans to move to a staggered approach to releasing content updates so that not everyone receives the same update at once, and to give customers more fine-grained control over when the updates are installed."
Hol up. So they like still get to exist? Microsoft and affected industries just gonna kinda move past this?
Haven't seen anything from the affected major players. Obviously Crowdstrike isn't going to say they are fucked long term, they have to act like this is just a little hiccup and move on. Lawsuits are absolutely incoming
We'll see how fucked they are from SLA breaches/etc., and then we'll see how many companies jump ship to an alternative. We won't have the real fallout from this event for months or years.
Yeah, what was I thinking. United airlines was bankrupt and literally beating people up on their planes and still got taxpayer payouts and is around paying investors divends still today.
A CTO is at lunch when a call comes in. There's been a huge outage, caused by a low level employee pressing the wrong button.
"Damn, you going to fire that guy?"
"Hell no, do you know how much I just spent on training him to never do that again?"
$5.4 Bn so far, not including lost worker productivity or damage to brand reputations, so that's a very conservative estimate. And Cybersecurity insurance will supposedly only cover up to 20% of that (but good luck getting even that much). What a clusterf***
No it's all of them because all the companies combined out side of the 500 wouldn't even have enough net worth large enough to move the needle. So technically they may not be included but would be covered by whatever amount they rounded up to make the even 5.4b
This crowdstrike stuff seems an expensive subscription
I saw a lot of photos of crashed ad screens.
Why the hell are corps paying this much money for windows+cloudstrike for a glorified digital picture frame?? Wouldn't be 100x cheaper to do it with some embedded stuff instead of having a full desktop computer running a full desktop os????
Yeah, an RPi or similar with a screen would be more than plenty for this, and the Pi Zero is really small. Connect that to a central Linux server with a hot backup or two (through local DNS) and you'll have a hard time crashing it.
Do we actually know? We might know that Crowdstrike was the cause but we don't actually know what went wrong and how it happened. It is an unfree proprietary closed source software, we just have to take their word for it, which for all purposes is PR in line with the fact that it is coming from a profit-driven organisation.