Failures in IT systems are causing great inconvenience around the world, affecting airports, banks and various services. Italian Stock ExchangeAround 2 a.m. Italian time, the problems began.
user Microsoft Amid an ongoing and widespread technology outage, the world is experiencing an error screen dubbed the “blue screen of death.”
What Happened to the Crowd Strike
The US tech giant was hit by an update from cybersecurity firm CrowdStrike that caused major disruptions to its network activities. Many other businesses were also affected. Therefore, the problem is not solely to blame on Microsoft, but seems to be mainly caused by this faulty Crowdstrike update, which had a major impact on Microsoft systems as well as numerous companies around the world.
Microsoft’s cloud services have been restored after the outage, the company said, although many users continue to report issues.
Crowdstrike CEO George Kurtz said at X that the issue has been identified and resolved and that it was not a cyberattack. He assured that the company is actively working with affected customers and has deployed a fix. Mac and Linux hosts were not affected by this issue.
Kurtz later said the company is “actively working with customers impacted by a flaw discovered in a single content update for Windows hosts,” noting that Mac and Linux hosts are not affected.
“This was not a security incident or cyberattack. The issue has been identified, isolated, and a fix has been deployed,” he said on social media.
Chaos at airports and banks
The CrowdStrike outage caused cascading failures across multiple industries, with numerous airlines suspending operations, broadcast networks going offline, and critical services disrupted.
The food industry has been worst affected air freight, Passengers faced delays, cancellations and check-in problems at dozens of airports around the world. Boarding pass scanners displayed “server offline messages” and airports advised passengers to check flight status online before heading to the airport. All of this caused chaos from Sydney to London, Amsterdam to Hong Kong. Even airports like Rome, which do not use Microsoft, were affected by international flight delays.
According to the BBC, nearly 1,400 of the approximately 110,000 flights worldwide have been canceled. In particular, Italy has seen 45 flights canceled, while the situation is worse in the United States (512 flights canceled), Germany (92 flights), and India (56 flights), according to the BBC. Canada is in a better situation (21 flights canceled).
Financial services and medical practices were disrupted, television broadcasters were taken offline, and businesses around the world grappled with major IT outages.
Shares of both companies fell in early trading on Friday. It looks like we are facing a truly global blackout for the first time… The blackout affects not only individual users, but more importantly large institutions such as banks (including central banks), stock exchanges, airports, etc., paralyzing operations during the holiday peak and causing chaos in many other industries,” he said Grzegorz Drozdz, Market Analyst, Conotoxia, In comments sent via email.
For cybersecurity researcher Troy Hunt, the ongoing technological disruption will be the “biggest cyber disruption in history.”
Borsa Italiana: FTSE MIB may not be updated
Italian Stock Exchange Communicates the value of the index FTSE MIB may be outdated. I received a similar notification this morning. At the opening ceremony trade, and correct diffusion was restored after about half an hour.
At the same time, refer to the current service interruption situation Microsoftthe Italian Stock Exchange said, Negotiation activities They are already open and operating in their market oftenas in all locations Euronext.