Global Tech Outage: A Look At Global Stock Markets Amid Worldwide Disruptions
A software update caused technological havoc worldwide, grounding flights, knocking down some financial companies and news outlets, and disrupting hospitals, small businesses and government offices. The trouble was sparked by an update issued by cybersecurity firm CrowdStrike and only affected its customers running Microsoft Windows, the world’s most popular operating system for personal computers. It was not the result of hacking or a cyberattack, according to CrowdStrike, which apologized and said a fix was on the way. Thousands of flights were canceled and tens of thousands were delayed, leading to long lines at airports in the US, Europe, Asia and Latin America. Airlines lost access to check-in and booking services in the heart of the summer travel season.
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