this post was submitted on 19 Jul 2024
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[–] Pudutr0n@feddit.cl 76 points 3 months ago (3 children)
[–] MrNesser@lemmy.world 8 points 3 months ago* (last edited 3 months ago) (1 children)

Ouch that's going to hurt the share price

[–] Saik0Shinigami@lemmy.saik0.com 3 points 3 months ago (1 children)

https://finance.yahoo.com/quote/CRWD/

Not enough... only down 8.9% and it even rebounded overnight...

[–] azertyfun@sh.itjust.works 3 points 3 months ago

Corporate behemoths are going to keep doing what they do best.

Their ISO-whatever certification says they gotta get that kind of software, so they do. Whether it is found to actually increase business risk does not matter in the slightest, what matters is that a box is checked for the audit.

It's like Oracle or IBM, who did not contribute anything of value to the world since about 2005 and notoriously have some of the most aggressive licensing lawyers on the planet. But there are lots of companies out there who sort a product segment from Old to New and pick the first result on account of the fact that it's "established", "reputable" and "reliable", every other consideration be damned.

[–] Drusas@kbin.run 4 points 3 months ago

Somebody's getting fired and that company is getting sued. I'm very curious how much this outage will have ended up costing the global economy.

[–] greyfox@lemmy.world 1 points 3 months ago* (last edited 3 months ago)

This was a separate outage unrelated to CrowdStrike a few hours earlier that took down a couple of airlines as well.

A majority of the VMs in the Azure CentralUS datacenter went down due to some sort of backend storage issue.

Edit: I guess I should have read the article they do say CrowdStrike. They seem to be implying that they were one event when the cloud services outage was earlier and unrelated. I had heard about grounded flights during the first outage as well. So they likely are combining the two events here.