CrowdStrike Outage Causes Global IT Disruptions, Shares Drop Over 20%, Microsoft Impacted

Jul 19, 2024, 08:10 AM

CrowdStrike, a leading cybersecurity firm, experienced a major global outage on July 19, 2024, causing widespread IT disruptions. The outage led to significant issues across various sectors, including airlines, banks, media outlets, and emergency services. Notably, Microsoft users encountered crashes and blue screen errors due to a faulty update from CrowdStrike's Falcon Sensor. The disruption also affected 911 services in several US states, grounded flights from Delta, United, and American Airlines, and halted operations at multiple banks, media companies, and the London Stock Exchange worldwide. Sky News was also impacted, broadcasting using a phone. As a result, CrowdStrike's shares dropped over 12% in pre-market trading, with some reports indicating a plunge of up to 20%.