Equity

On today’s episode of Equity, Rebecca Bellan did a deep dive into the CrowdStrike outage that affected around 8.5 million Windows devices around the world, causing disruptions in air travel, banking, hospitals, media outlets, federal agencies and businesses of all kinds. The outage began when CrowdStrike, a cloud security giant, sent out a defective software update. While CrowdStrike quickly identified the issue and deployed a fix, the fallout continued over the weekend and will probably continue into this week, particularly for the travel sector. United, American and Delta airlines all collectively saw thousands of flights canceled and delayed, which will have ripple effects into the week. Rebecca went into how this outage – despite not being a cyberattack – has provided the world with a stark example of just how vulnerable our critical infrastructure systems are, a big problem if our adversaries decide to get any bright ideas. She also discussed the reputational damage CrowdStrike experienced, the startups