News Formal

Here's what we know about CrowdStrike, the company potentially to blame for a global tech outage

  • 📰 abcnews
  • ⏱ Reading Time:
  • 35 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 83%

Outage News

Crowdstrike,It,Tech

The global outage impacts a raft of Australian companies and government agencies. Here's the latest on the company reportedly responsible.

A technical issue related to a US-based cybersecurity firm named CrowdStrike caused computers running Microsoft software across Australia and abroad to glitch on Friday.

The cybersecurity environment has changed rapidly in recent years due to the increased presence of threat actors targeting big business, including Ticketmaster, Medibank and Optus.One of the company's main products is CrowdStrike Falcon, which is described on its website as "providing real-time indicators of attack, hyper-accurate detection and automated protection" from possible cybersecurity threats.

The investor with the largest share is The Vanguard Group, a US investment fund, with about 6.79 per cent of the company.Former US president Donald Trump made reference to the conspiracy theory in a call with Ukrainian President Volodymyr Zelenskyy in 2019.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australian wine market: Seppeltsfield buys up as Australian Vintage offloads two vineyardsThe ASX-listed producer behind McGuigan and Tempus Two will exit one property in NSW and sell another in South Australia to its privately owned rival.
Source: FinancialReview - 🏆 2. / 90 Read more »