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Global tech outage disrupts industries, highlights risks of interconnected world

By Economic Times - 4 months ago
A global tech outage on Friday, caused by a software update from cybersecurity firm CrowdStrike, led to disruptions in various industries, including travel, finance, and healthcare. The incident highlighted the risks associated with the increasing dependence on interconnected technologies. Major companies and institutions, such as Microsoft and airlines, were affected, with thousands of flights canceled and services disrupted. While some services were gradually restored, experts emphasized the complexity and vulnerability of global computing systems. The outage also impacted government agencies, financial markets, and healthcare providers, prompting concerns about the reliance on a few key technology companies.

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