Fortune 500’s Insured Losses for CrowdStrike Could Reach $1 Billion: Parametrix July 24, 2024 The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19...
Wiz Rejects Google’s $23 Billion Offer, Seeks IPO Instead July 23, 2024 By Lynn Doan and Julia Love Cybersecurity startup Wiz Inc. has turned down a takeover bid of as much as $23 billion from Alphabet Inc.’s Google,...
Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage July 22, 2024 By Chad Hemenway Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley...
Without Backup Plans, Global IT Outages Will Happen Again July 22, 2024 By James Pearson Elements of Friday’s global IT outage, which grounded planes and hit services from banking to healthcare, have occurred before and...
Microsoft: About 8.5M of Its Devices Affected by CrowdStrike-Related Outage July 22, 2024 A global tech outage that was related to a software update by cybersecurity firm CrowdStrike affected nearly 8.5 million Microsoft...
What Disruptions Have Been Reported After the Global Tech Outage? July 19, 2024 A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike and Microsoft on Friday affected...
Global Tech Outage Disrupts Industries, Highlights Online Risks July 19, 2024 A worldwide tech outage crippled industries from travel to finance on Friday before services started coming back online after hours...
Russian Cybersecurity Firm Kaspersky Labs to Wind Down US Operations July 18, 2024 Kaspersky Labs will gradually wind down its U.S. operations from July 20, the Russian anti-virus software maker said on Monday,...
Alphabet in Talks to Buy Wiz in $23 Billion Cyber Deal July 15, 2024 By Marissa Newman and Davey Alba Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the...
Report: Impact of BEC Attacks on US Companies Misunderstood July 15, 2024 A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it...