Breaking news! Global widespread outage, "culprit" CrowdStrike plunges more than 12%

Zhitong
2024.07.19 08:08
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A global large-scale outage event caused by the cybersecurity company CrowdStrike occurred on Friday, affecting its global operations. CrowdStrike stated that the outage was due to an issue with the latest update and is rolling back the update globally. As a result of this news, CrowdStrike's stock price fell by over 12%. Multiple countries and companies around the world also reported outage issues, including products from Microsoft, as well as Amazon, Instagram, eBay, Visa, ADT, etc. Microsoft's cloud services have mostly recovered

According to the financial news app Zhitong Finance, this afternoon, platforms around the world were flooded with news about the blue screen of Microsoft (MSFT.US). Multiple countries and enterprises reported system crashes, with reports indicating that this was all caused by the cybersecurity company CrowdStrike (CRWD.US).

CrowdStrike stated that the company experienced a severe system crash on Friday, affecting global operations.

The company mentioned that the crash was due to an issue with the latest update. CrowdStrike is currently rolling back this update globally.

In an audio message, CrowdStrike stated, "CrowdStrike has noticed reports of Windows host crashes related to Falcon Sensor." It is understood that CrowdStrike's "Falcon Sensor" is software designed to prevent computer systems from cyber attacks.

"Symptoms include encountering errors related to Falcon Sensor checks\blue screen errors," CrowdStrike added, "Our engineering team is actively working to resolve this issue, and there is no need to submit support requests."

Following this news, as of the time of writing, CrowdStrike's stock fell over 12% in pre-market trading on Friday.

Before CrowdStrike confirmed this news, technical issues were widely reported globally, with many issues related to Microsoft's products. The American tech giant confirmed earlier on Friday that its cloud services had mostly recovered after experiencing interruptions.

Several countries around the world, including Australia, New Zealand, India, and Japan, reported system crashes. Data from the network monitoring site Downdetector showed that many platforms and companies in the United States experienced system crashes, including Amazon's AWS, Instagram, eBay (EBAY.US), Visa (V.US), ADT, and PlentyOfFish. Several U.S. airlines such as American Airlines (AAL.US), Delta Air Lines (DAL.US), and United Airlines (UAL.US) grounded flights due to communication issues, which also seemed to be a result of the system crash.

Michelle McGuinness, Australia's National Cyber Security Coordinator, stated in a post on X, "I am aware that a large-scale technical failure occurred in Australia this afternoon, affecting many companies and services across the country


"Our current information indicates that this interruption is related to technical issues with the third-party software platform used by the affected company. There is no information to suggest that this is a cybersecurity incident. We will continue to engage with key stakeholders." However, her statement did not mention CrowdStrike.
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