{"id":835493,"date":"2024-07-20T11:17:23","date_gmt":"2024-07-20T05:47:23","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=835493"},"modified":"2024-07-20T11:17:23","modified_gmt":"2024-07-20T05:47:23","slug":"crowdstrike-may-lose-16-billion-a-fifth-of-its-value-amid-global-it-outage","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/20\/crowdstrike-may-lose-16-billion-a-fifth-of-its-value-amid-global-it-outage\/","title":{"rendered":"Crowdstrike may lose $16 billion- a fifth of its value- amid global IT outage"},"content":{"rendered":"<p>Shares of cybersecurity firm Crowdstrike- which is behind global Microsoft outage- lost a fifth of its value in trading in the US and was down 21% in unofficial trading. This would result in a loss of almost $16 billion in Crowdstrike&#8217;s valuation after the company was involved in a massive IT outage hitting companies and airports worldwide.<\/p>\n<p>According to Oleg Gorokhovsky, founder of the Ukrainian online bank Monobank, the outage resulted from &#8220;an interaction between the CrowdStrike antivirus&#8221; software and the Windows operating system of Microsoft. Crowdstrike CEO George Kurtz said that the company \u201cis actively working with customers impacted by a defect found in a single content update for Windows hosts.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of cybersecurity firm Crowdstrike- which is behind global Microsoft outage- lost a fifth of its value in trading in the US and was down 21% in unofficial trading. This would result in a loss of almost $16 billion in Crowdstrike&#8217;s valuation after the company was involved in a massive IT outage hitting companies and airports worldwide. According to Oleg Gorokhovsky, founder of the Ukrainian online bank Monobank, the outage resulted from &#8220;an interaction between the CrowdStrike antivirus&#8221; software and the Windows operating system of Microsoft. Crowdstrike CEO George Kurtz said that the company \u201cis actively working with customers impacted [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,51,4],"tags":[],"class_list":["post-835493","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/835493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=835493"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/835493\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=835493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=835493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=835493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}