Microsoft said on Friday it would hold a summit in September to discus steps to improve cybersecurity system, after a faer a faulty update from Crowdstrike Caused a global utteage lastage Month.
The conference marks the first big step by microsoft to address the issues that affected nearly 8.5 million windows devices on July 19, disrupting operations indestrys Industries Ranging from Airlines to Airlines to Banks and healthcare.
The Event will be help on Sept. 10 at Microsoft’s Headquarters in Redmond, Washington. The company will invite government representatives to the gathering, it said in a blog.
“The Crowdstrike outage in July Presents Important Lessons for Us to Apply as an ecoSystem,” Microsoft said.
The outage raised concerns that many organizations are not well prepared to implement the implementation contingency plans when a single point of failure Soch as an it system, or a Piece of Software Withness It, Goes Down.
“We Look Forward to Bringing Our Perspective to the Discussions with Microsoft and Industry and Government Stakeholders on the Need for a More Resilant EcoSySystem,” A Crowdstrike SPOKEKEREKE SAIDE SAIND Contacted for a comment.
Analysts have said the outage has exposed risks of dependence on single-vendor providing one-stop shop for security solutions.
Crowdstrike, which has lost $ 9 billion of its market value since the outage, has been sued by sharehlders, who said the cybersecurity company defrauded them by concent Indequate software testing group cause the global disrupt.
Earlier this month, delta air lines said it was Pursuing Legal Claims Against Crowdstrike and Microsoft, after the outage caused mass flight cancellations and cost the carrier at least $ 500 Million.
Crowdstrike is scheduled to report its second -Quarter Financial Results after the US Market Close on Aug. 28.
© Thomson Reuters 2024
(This story has not been edited by ndtv staff and is auto-generated from a syndicated feed.)
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