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Cyber Insurance Firm Believes That The CrowdStrike Outage Was The Largest In IT History, And Is Estimated To Have Cost Other Companies Over $5 Billion In Losses

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CrowdStrike outage was the largest in IT history

CrowdStrike CEO George Kurtz has stated that 97 percent of affected machines are now back online from what cyber security experts claim is the largest IT outage in history. An event of such proportions definitely means that there would be some mammoth monetary damages behind it, and according to the latest estimates, a cyber insurance firm believes that several companies have accumulated losses of more than $5 billion. The total cost of $5.4 billion only includes the outage for the Fortune 500 companies; CrowdStrike CEO has yet to provide updates on actual damages Out of the Fortune 500, CrowdStrike has […]

Read full article at https://wccftech.com/crowdstrike-outage-biggest-in-history-estimated-to-have-cost-5-billion-loss/

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