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Microsoft Faces Major Impact as Fortune 500 Firms Report $5.4B in Losses from CrowdStrike Outage: Study

The recent CrowdStrike outage has created a substantial financial impact on US Fortune 500 companies, excluding Microsoft, amounting to estimated losses of $5.4 billion, according to cloud insurer Parametrix. The outage, triggered by a faulty update to CrowdStrike’s security software, caused significant disruptions across various sectors, including airlines

By The UBJ Desk