Delta says chaos after CrowdStrike outage cost it $550 million

Delta says chaos after CrowdStrike outage cost it 0 million

A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los Angeles, California.  Kevin Carter | Getty Images Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is … Read more

What is the EU’s Digital Operational Resilience Act? DORA, explained

What is the EU’s Digital Operational Resilience Act? DORA, explained

Traffic_analyzer | Digitalvision Vectors | Getty Images Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from the EU that require them to boost their cyber resilience. By the start of next year, financial services firms and their technology suppliers will have to make sure … Read more

Microsoft fires back at Delta after outage, says airline declined help

Microsoft fires back at Delta after outage, says airline declined help

Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Microsoft fired back at Delta Air Lines on Tuesday accusing the carrier of not modernizing its technology before it canceled thousands of flights in the wake of last month’s global massive IT … Read more

CrowdStrike says it isn’t to blame for Delta’s flight cancellations after July outage

CrowdStrike says it isn’t to blame for Delta’s flight cancellations after July outage

Travelers wait in line, as a flight board shows delays, on the check-in floor of the Delta Air Lines terminal at Los Angeles International Airport (LAX) on July 23, 2024 in Los Angeles, California.  Mario Tama | Getty Images CrowdStrike on Sunday said Delta Air Lines had rejected onsite help during last month’s massive outage … Read more

Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos

Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos

Ed Bastian, CEO of Delta Air Lines, speaks during a keynote at CES 2020 in Las Vegas on Jan. 7, 2020. Bridget Bennett | Bloomberg | Getty Images Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last month sparked … Read more

CrowdStrike-Microsoft outage cost the airline $500 million

CrowdStrike-Microsoft outage cost the airline 0 million

Delta Air Lines CEO Ed Bastian said Wednesday that the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million. Bastian said the figure includes not just lost revenue but “the tens of millions of dollars per day in compensation and hotels” over a period of five days. The … Read more

Delta hires David Boies to seek damages from CrowdStrike, Microsoft

Delta hires David Boies to seek damages from CrowdStrike, Microsoft

Delta Air Lines has hired prominent attorney David Boies to seek damages from CrowdStrike and Microsoft following an outage this month that caused millions of computers to crash, leading to thousands of flight cancellations. CrowdStrike shares fell as much as 5% in extended trading on Monday after CNBC’s Phil Lebeau reported on Delta’s hiring of … Read more

What is CrowdStrike (CRWD), and how did it cause global IT outages?

What is CrowdStrike (CRWD), and how did it cause global IT outages?

George Kurtz, co-founder and CEO of CrowdStrike Inc., speaks during the Montgomery Summit in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images A fault with an update issued by cybersecurity company CrowdStrike led to a cascade effect among global IT systems Friday, with industries ranging from banking to airlines facing outages. Banks … Read more

CrowdStrike update that caused global outage likely skipped checks, experts say

CrowdStrike update that caused global outage likely skipped checks, experts say

A general view from Dusseldorf Airport as passengers gather and wait due to the global communications outage caused by CrowdStrike, which provides cyber security services to US technology company Microsoft, on July 19, 2024 in Dusseldorf, Germany.  Hesham Elsherif | Anadolu | Getty Images Security experts said CrowdStrike’s routine update of its widely used cybersecurity software, … Read more

Crowdstrike outage and global software’s single-point failure problem

Crowdstrike outage and global software’s single-point failure problem

The frequency of large-scale attacks on corporate enterprise IT is increasing. That’s not unusual or unexpected as companies spend heavily on cyber defense in an asymmetric war against hackers who can string together a few lines of code and wreak havoc. But the largest IT outage ever on Friday, resulting from a CrowdStrike software bug … Read more