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CrowdStrike global outage could cost the economy billions. But who will pay? | The Business
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It was an IT outage that took down millions of computers and impacted airports, TV stations, supermarkets and thousands of other businesses across the world.
The outage was caused by a software update by cybersecurity firm CrowdStrike to its Falcon sensor program.
The Australian Industry Group and some economists believe it could cost the Australian economy billions of dollars. It's expected it will leave some businesses offline for weeks.
#ABCBusiness #crowdstrike #outage
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
The outage was caused by a software update by cybersecurity firm CrowdStrike to its Falcon sensor program.
The Australian Industry Group and some economists believe it could cost the Australian economy billions of dollars. It's expected it will leave some businesses offline for weeks.
#ABCBusiness #crowdstrike #outage
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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