Crowdstrike Strikes Out

Dan Ives, Managing Director, Wedbush Securities

26-Jul-24 07:45

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Last week, 8.5 million Windows devices worldwide went down due to a botched update from Crowdstrike, an American cybersecurity firm that is also a global leader in the sector. With flights disrupted, hospital operations cancelled and stock trading paused, the losses run into the billions. Dan Ives, Managing Director, Wedbush Securities tells us what impact it has on the company and also if the bull run on the tech sector is over after a recent correction.

Image Credit: shutterstock.com

Produced by: Shazana Mokhtar

Presented by: Keith Kam, Wong Shou Ning

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Categories: technology, international, economy, markets, sponsored content

Tags: celcomdigi2024, crowdstrike, IT Outage, america, microsoft,

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