CrowdStrike outage to cost $44m per Fortune 500 company, report

A quarter of top US firms were hit by the update blunder

clock • 3 min read
CrowdStrike outage to cost $44m per Fortune 500 company, report
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CrowdStrike outage to cost $44m per Fortune 500 company, report

New data from cloud insurance firm Parametrix sheds light on the financial cost of the massive CrowdStrike outage last week that affected millions of Microsoft devices.

The massive CrowdStrike outage that affected millions of Microsoft devices is predicted to cost US Fortune 500 companies $5.4 billion in total direct financial loss, with an average loss of $44 mil...

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