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What will be identified as the most significant consequence of the IT outage by December 31, 2024?
2
Resolution / Starting Odds
Financial losses • 25%
Regulatory changes • 25%
Operational disruptions • 25%
Public trust issues • 25%
Reports from major news outlets and industry analyses
Story
Global IT Outage Early Friday Causes Major Disruptions, Microsoft Implicated
Jul 19, 2024, 01:34 PM
A massive global IT outage early Friday caused significant disruptions across various sectors, including air and rail travel, hospitals, banks, and supermarkets. Passengers at major airports experienced long lines, crowded gates, and bedlam conditions as ground stops were issued. The outage has been attributed to a software update, and a cybersecurity company has identified the source and deployed a fix. Despite the chaos, the values of companies at the heart of the issue have not plummeted. Microsoft faces scrutiny as it is implicated in what is being described as perhaps the biggest IT outage in history.
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Software Bug • 25%
Cyber Attack • 25%
Configuration Error • 25%
Other • 25%
European Union regulations • 25%
Microsoft's internal error • 25%
Crowdstrike involvement • 25%
Other • 25%
Technical malfunction • 25%
Cyber attack • 25%
Natural disaster • 25%
Other • 25%
Yes • 50%
No • 50%
CrowdStrike software update • 25%
Microsoft systems issue • 25%
Internal Delta IT failure • 25%
Other • 25%
Technical Glitch • 25%
Cyber Attack • 25%
Human Error • 25%
Other • 25%
CrowdStrike found responsible • 25%
Delta Airlines internal issue • 25%
Third-party vendor responsible • 25%
Cause remains undetermined • 25%
CrowdStrike found responsible • 25%
Delta's internal fault • 25%
Third-party fault • 25%
Cause remains undetermined • 25%
Software Bug • 25%
Human Error • 25%
Hardware Failure • 25%
Other • 25%
Human error • 25%
Software bug • 25%
Cyber attack • 25%
Other • 25%
CrowdStrike at fault • 25%
Delta's internal fault • 25%
Third-party vendor fault • 25%
Cause undetermined • 25%
Cyberattack • 25%
Technical failure • 25%
Human error • 25%
Other • 25%