Software made by US cybersecurity company was intended to protect against crashes and disruptions in vital systems – it ended up taking them down
Passengers wait in front of a board displaying delayed flight information at Bilbao Airport in Bilbao, Spain, on 19 July 2024.Passengers wait in front of a board displaying delayed flight information at Bilbao Airport in Bilbao, Spain, on 19 July 2024.
The firm has become immensely successful over the past decade, with a market value of around $83bn at market close Thursday, though its stock price was falling during Friday trading. CrowdStrike’s share value declined dramatically following the outage, dipping as much as 13% early on Friday. CrowdStrike’s investigation into the DNC hack also previously played a small but notable role in the first impeachment of Donald Trump and special counsel investigation into Russian interference in the 2016 election. Trump, echoing athat CrowdStrike was involved in an elaborate cover up on behalf of the DNC, nonsensically suggested the Ukrainian president, Volodymyr Zelenskiy, look into the company, a piece of the quid pro quo accusations against the US president.
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