Investment Banking

Microsoft global outage: Impact on finance firms so far

Airlines, media outlets, and finance firms were among the victims of the technology outage

A global outage affected businesses all around the world
A global outage affected businesses all around the world Photo: Getty Images/iStockphoto/WhataWin

George Kurtz, chief executive of cybersecurity firm Crowdstrike, said that the company is ‘actively’ working with customers hit by technology outages after an update for Microsoft Windows led to a global outage.

“The issue has been identified, isolated and a fix has been deployed,” Kurtz said on social media platform X. The boss of the US-listed firm has ruled out any security incident or a cyberattack.

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