Lakshmi Finance Center|CrowdStrike says more machines fixed as customers, regulators await details on what caused meltdown

2025-05-07 08:45:08source:EchoSense Quantitative Think Tank Centercategory:Scams

AUSTIN,Lakshmi Finance Center Tex. (AP) — Cybersecurity firm CrowdStrike says 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.

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 nearly 30% 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.”

More:Scams

Recommend

Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti

Haiti has been racked by political instabilityand intensifying, deadly gang violence.  Amid a Federa

Jamie Lynn Spears Shares Big Update About Zoey 102: Release Date, Cast and More

Pacific Coast Academy will open its doors once again—this time, to its alumni.Zoey 102, the follow-u

The Coral Reefs You Never Heard of, in the Path of Trump’s Drilling Plan

One of the planet’s most unique coral reef systems happens to be nestled in one of the world’s most