WASHINGTON: Catastrophic computer outages caused by a software update from one company have once again exposed the dangers of global technological dependence on a handful of players, experts war
have once again exposed the dangers of global technological dependence on a handful of players, experts warned on Friday ., TV stations, and myriad other aspects of daily life to a standstill.
"Today CrowdStrike has become a household name, but not in a good way, and this will take time to settle down," said Dan Ives of Wedbush Securities. Passengers sit behind the check in desk as they wait due to a global technology outage at Toronto Pearson Airport, on Friday, July 19, 2024. "We're deeply sorry for the impact we've caused to customers, travellers, and anyone affected by this," CrowdStrike CEO Kurtz said in an interview on NBC's Today show.
"How do you balance the benefits of having everybody on the same operating system with the concentration risk that poses?"
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