Clicky

  • Login
  • Register
  • Submit Your Content
  • Contact Us
Wednesday, August 21, 2024
World Tribune
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
Submit
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
No Result
View All Result
World Tribune
No Result
View All Result

Crowdstrike CEO will testify before Congress on defective software update

July 22, 2024
in Business
Reading Time: 2 mins read
A A
Crowdstrike CEO will testify before Congress on defective software update
0
SHARES
ShareShareShareShareShare

Crowdstrike CEO will testify before Congress on defective software update

U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify to Congress about the cybersecurity company’s role in sparking the widespread tech outage that grounded flights, knocked banks and hospital systems offline and affected services around the world.

CrowdStrike said this week a “significant number” of the millions of computers that crashed on Friday, causing global disruptions, are back in operation as its customers and regulators await a more detailed explanation of what went wrong.

Republicans who lead the House Homeland Security committee said Monday they want those answers soon.

“While we appreciate CrowdStrike’s response and coordination with stakeholders, we cannot ignore the magnitude of this incident, which some have claimed is the largest IT outage in history,” said a letter to Kurtz from Rep. Mark E. Green of Tennessee and Rep. Andrew Garbarino of New York.

They added that Americans “deserve to know in detail how this incident happened and the mitigation steps CrowdStrike is taking.”

A defective software update sent by CrowdStrike to its customers disrupted airlines, banks, hospitals and other critical services Friday, affecting about 8.5 million machines running Microsoft’s Windows operating system. The painstaking work of fixing it has often required a company’s IT crew to manually delete files on affected machines.

CrowdStrike said late Sunday in a blog post that it was starting to implement a new technique to accelerate remediation of the problem.

Shares of the Texas-based cybersecurity company have dropped more than 20% since the meltdown, knocking off billions of dollars in market value.

The scope of the disruptions has also caught the attention of government regulators, including antitrust enforcers, though it remains to be seen if they take action against the company.

“All too often these days, a single glitch results in a system-wide outage, affecting industries from healthcare and airlines to banks and auto-dealers,” said Lina Khan, chair of the U.S. Federal Trade Commission, in a Sunday post on the social media platform X. “Millions of people and businesses pay the price. These incidents reveal how concentration can create fragile systems.”

Recommended Newsletter:

CEO Daily provides key context for the news leaders need to know from across the world of business. Every weekday morning, more than 125,000 readers trust CEO Daily for insights about–and from inside–the C-suite. Subscribe Now.

Credit: Source link

READ ALSO

How to watch, stream the Democratic National Convention Night Two live online free without cable, on NBC, ABC, CBS, Fox, CNN, MSNBC

We’re Gen Z college dropouts who raised $41.4M for our blockchain startup. Here’s how we did it

ShareTweetSendSharePin
Previous Post

Jets’ lonely Lombardi trophy finally has some cautious optimism

Next Post

Elon Musk is backing Trump, but Democrats won’t quit X

Related Posts

How to watch, stream the Democratic National Convention Night Two live online free without cable, on NBC, ABC, CBS, Fox, CNN, MSNBC
Business

How to watch, stream the Democratic National Convention Night Two live online free without cable, on NBC, ABC, CBS, Fox, CNN, MSNBC

August 21, 2024
We’re Gen Z college dropouts who raised .4M for our blockchain startup. Here’s how we did it
Business

We’re Gen Z college dropouts who raised $41.4M for our blockchain startup. Here’s how we did it

August 20, 2024
MLB legend Derek Jeter’s best business advice
Business

MLB legend Derek Jeter’s best business advice

August 20, 2024
Elon Musk’s litigation strategy is about ‘punishing defendants for their speech’
Business

Elon Musk’s litigation strategy is about ‘punishing defendants for their speech’

August 20, 2024
Anthropic accused of seeking to profit from ‘strip-mining the human expression and ingenuity’ behind authors’ work
Business

Anthropic accused of seeking to profit from ‘strip-mining the human expression and ingenuity’ behind authors’ work

August 20, 2024
Inside Bavarian Nordic: The .3 billion Danish vaccine maker with the world’s only cure for mpox
Business

Inside Bavarian Nordic: The $3.3 billion Danish vaccine maker with the world’s only cure for mpox

August 20, 2024
Next Post
Elon Musk is backing Trump, but Democrats won’t quit X

Elon Musk is backing Trump, but Democrats won't quit X

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

What's New Here!

Kalsec Partners with Thimus with the Launch of T-Box by Thimus

Kalsec Partners with Thimus with the Launch of T-Box by Thimus

July 23, 2024
Big Health scores FDA 510(k) clearance for SleepioRx

Big Health scores FDA 510(k) clearance for SleepioRx

August 14, 2024
Google loses antitrust case over search

Google loses antitrust case over search

August 6, 2024
Britain plans new regulations after setbacks

Britain plans new regulations after setbacks

July 25, 2024
White House says no need to restrict ‘open source’ AI now

White House says no need to restrict ‘open source’ AI now

July 30, 2024
Reanimal promises a ‘more terrifying journey’ than Little Nightmares

Reanimal promises a ‘more terrifying journey’ than Little Nightmares

August 21, 2024
Kamala Harris debuts official TikTok account as presidential campaign picks up

Kamala Harris debuts official TikTok account as presidential campaign picks up

July 25, 2024

About

World Tribune is an online news portal that shares the latest news on world, business, health, tech, sports, and related topics.

Follow us

Recent Posts

  • Mets hope Francisco Alvarez’s walk-off homer a breakout sign
  • GMC targets electric truck leadership against Tesla, Ford, Rivian
  • Jannik Sinner should be ‘gone for 2 years’ over steroid test: Kyrgios
  • How to watch, stream the Democratic National Convention Night Two live online free without cable, on NBC, ABC, CBS, Fox, CNN, MSNBC

Newslatter

Loading
  • Submit Your Content
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2024 World Tribune - All Rights Reserved!

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food

© 2024 World Tribune - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In