Widespread IT Outage Impacts Airlines, Banks

Computer systems failed across the globe on Friday, taking down services at airlines, banks and the London Stock Exchange after a widely used cybersecurity program crashed and Microsoft Corp. separately reported problems with its cloud services. Kriti Gupta, Anna Edwards and Guy Johnson report.

--------
More on Bloomberg Television and Markets


Connect with Bloomberg Television on:

Connect with Bloomberg Business on:

More from Bloomberg:


Watch more on YouTube:

[FelipeGarcia-ymqs]

I am a paramedic and the 911 communications system is in chaos. This is a serious problem. Much more serious than anyone believes.

[Bebopicarus]

It’s almost like monopolizing everything was a horrible idea

[southerncomfortuk]

Cashless society … what could possibly go wrong ?

[HiltonT]

Who ever thought to name their software "Crowdstrike" had amazing foresight. :)

[BD-cmxc]

They treat anyone who use old fashioned stuff as criminal and openly discriminate against them.

[shonnoir]

Crowdstrike is about to get sued into oblivion. Damages in the millions by the minute.

[NickName.]

Lots down in Australia…. Supermarkets, banks, airports, news outlets, radio stations, businesses

[aarondavis]

Rich people are really concerned about the airports. There are hospitals and supermarkets closing you dorks.

[Tommyoda]

Thanks for triggering PTSD on Friday. 🤦🏽‍♀️

[morallycorruptmaleficentti]

This is why you cant have HUGE corporations centralizing IT

[homedoghappiness]

Does this mean I don't need to go to work tomorrow?

[dltn]

IT outage= Microsoft outage
Stop hiding it.

[johnhollywood]

Crazy things are happening all over the world.

[acebull]

Just went down to my local supermarket and i had to leave my shopping cart because i couldnt pay

[charlesbrewer]

Reports on Australian media say the outage is a result of a failed software update by Crowdstrike!

[abhishekmisra]

World is over dependent on few companies has this Impact. Hope there is discussion at larger level on control of public life the private players have

[smydie]

Heard from
Friends in New Zealand having problems most of the day airlines and not being able to buy food using card payments.

[Yahriel]

Y2K finally happened, just on Internet Explorer time.

[Goodday_ian]

It's also affecting Hong Kong's office right now. Computers have been all down since noon (now 4 pm)
Microsoft needs to solve the problem quick, cz it's gonna impact billions for the economy.

[willieverusethis]

Oh, gee, who would have thought this could ever happen?