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Microsoft software, prominently used by enterprise networks worldwide. CrowdStrike, a US-based endpoint security provider to several global organisations including Microsoft, first released an update to its product — Falcon Sensor — on July 9 gradually rolling it out to companies globally over the next 10 days. On July 18 and 19, the update — intended to pre-emptively detect cybersecurity breaches — was pushed onto Microsoft devices unwittingly, triggering widespread chaos. It forced several banks, hospitals, airlines, and startups to resort to manual processes to continue operations, industry executives said. «Around 300 flights have been cancelled, including around 200 for market leader Indigo alone till 6 pm (on Friday),» people aware of the details told ET.

Microsoft's Windows devices. Users across the world and in India complained about a blue screen of death error when they booted their devices. The outage was caused due to a faulty update caused by CrowdStrike, which manages end-point security for several firms across the globe, including Microsoft. Overall, Microsoft's suite of services such as Azure, Outlook, and Teams were impacted throughout the day. What caused the outage?

CrowdStrike and Microsoft Corp., which have since released patches to address the problem.Here are key points on the issue:Microsoft Chairman and CEO took to X (formerly Twitter) to acknowledge the issue, stating, “CrowdStrike’s recent update has had a global impact on IT systems. We are actively collaborating with CrowdStrike and industry partners to guide our customers through the recovery process and restore their systems securely."CrowdStrike Holdings Inc.

Bhavish Aggarwal, co-founder and chief executive officer of Ola Cabs, while commenting on the Microsoft Windows outage on July 19, said outages could happen due to “deliberate action by bad actors". On Friday, a flawed software update sent out by a cybersecurity company caused major computer outages around the world, and millions of Windows users are experiencing the Blue Screen of Death (BSOD) error which is causing the system to suddenly shut down or restart.In a post on the social media platform X, he said, “On the @Microsoft outage, here’s the main thing I feel we can do.

A widespread technology outage on Friday, seemingly linked to issues at global cybersecurity firm CrowdStrike and Microsoft, disrupted operations at airports, airlines, banks and even hospitals, including several in Canada.

A global technology outage grounded flights, knocked banks offline and media outlets off air after a faulty software update disrupted companies and services around the world and highlighted their dependence on just a handful of providers

Much of the world faced online disarray Friday as a widespread technology outage affected companies and services across industries — grounding flights, knocking banks and hospital systems offline and media outlets off air

Airlines, banks, hospitals and other risk-averse organizations around the world chose cybersecurity company CrowdStrike to protect their computer systems from hackers and data breaches

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Rapidly rising AUA represented an increase of 3.7% in the three months to 30 June 2024, according to HL's trading update today (19 July). Spread across the company's SIPP, ISA and active savings offerings, a net 24,000 new clients joined HL in the most recent quarter, providing £1.6bn of new business.  Fresh clientele represented a significant uptick of 85% year-on-year, with 1,882,000 clients now active on the investment platform. The recent figure represents a notable jump from the 13,000 reported for the three months to June 2023.  Hargreaves Lansdown receives second bid from PE...

Follow Microsoft Outage Live Updates hereIs this a cyberattack? How did the outage happen? Why is Microsoft in news? What is CrowdStike? What did the Indian government say on the IT outage? And why is the "blue screen of death" trending? When will the issue be fixed? And can we call it the “largest" IT outage in history? Here's all you need to know about the global outage on Friday.Cybersecurity researcher Troy Hunt said in a post on X, "I don't think it's too early to call it: this will be the largest IT outage in history" He was quoted by CNBC as saying, "Ongoing tech disruption is set to be the largest IT outage in history." Meanwhile, " an opinion piece in Sky news.com read, “It's possible we are looking at the largest IT outage in history.""This is not a security incident or cyberattack," CrowdStrike CEO George Kurtz clarified on Friday. He said there was "a defect found in a single content update for [Microsoft] Windows hosts".

Computer systems failed across the globe on Friday, taking down services at airlines, banks and the London Stock Exchange after a widely used cybersecurity program crashed and Microsoft Corp. separately reported problems with its cloud services. 

A global technology outage grounded flights, knocked banks and hospital systems offline and media outlets off air on Friday in a massive disruption that affected companies and services around the world and highlighted dependence on software from a handful of providers.

IT outage affecting Microsoft's Azure cloud platform has caused major disruptions in the aviation sector, leading to the cancellation of over 200 flights by IndiGo. This global incident, which began on July 19, 2024, has had a cascading effect on travel systems worldwide, severely impacting airline operations. IndiGo’s Operational Challenges IndiGo, one of India’s largest carriers, has reported substantial operational disruptions. The airline announced on X, «Flights are cancelled due to the cascading effect of the worldwide travel system outage, beyond our control. The option to rebook/claim a refund is temporarily unavailable.» The outage has impacted IndiGo's flight operations, check-in systems, and baggage handling.

services of airlines, brokerages, financial institutions, and even media houses worldwide, causing significant damage to businesses in terms of data loss, productivity loss, IT downtime, financial loss, and even reputation loss. Even as CrowdStrike, Microsoft, CERT-In, and cybersecurity companies put out advisories, it's fortunately an issue that can be fixed. A server hardware or software issue can cause a Blue Screen error, also known as black screen error or STOP code.

banks whether their customer-facing channels- branches, ATM, mobile banking and net banking — were operating well after technical problem at the US tech giant Microsoft and its vendor American cyber security company Crowdstrike, led to a global tech outage. The banking regulator has made similar enquiries with payment aggregators, they added. The banking regulator has asked banks and payment aggregators to update them on the impact of the outage. Most banks and payment companies told ET that their services were not affected. Speaking to a wire agency, Dinesh Khara indicated that their systems were not affected. «We are all fine,” he told the wire agency.

Microsoft Services, the Reserve Bank of India (RBI) on Friday said that it has conducted a thorough assessment to estimate the impact of this outage on its regulated entities, particularly within the Indian financial sector. The assessment revealed that around 10 banks and non-banking financial companies (NBFCs) experienced minor disruptions, which have either been resolved or are currently being addressed. According to the central bank, critical systems of most banks are not hosted in the cloud, and only a handful have adopted the CrowdStrike tool for cybersecurity.

Microsoft outage affected Windows devices and IT systems, halting airlines and disrupting office operations worldwide, the internet decided to look at the bright side of things. Memes flooded social media as corporate employees celebrated, thanking Microsoft for an «early weekend.» Due to a Crowdstrike update, Windows PCs and Microsoft's cloud services were impacted and threw up 'Blue Screen of Death' errors. This occurs on a Windows device when a critical issue forces the device to shut down or restart to prevent further damage.

Indo Tech Transformers Ltd.(up 4.90%), GE Power India Ltd.(up 4.62%), Power and Instrumentation(Gujarat)Ltd.(up 1.99%), Kalpataru Projects International Ltd.(up 1.49%), PTC India Ltd.(up 0.71%) and Adani Energy Solutions Ltd.(up 0.03%) stood among the top gainers.

European shares fell on Friday and were set for weekly losses, hurt by lower commodity prices and as a rout in global technology shares extended, while investors assessed more earnings updates. The pan-European STOXX 600 index fell 0.6% by 0715 GMT, slipping to a more than two-week low, amid a broader selloff across sectors.