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CrowdStrike largest IT outage in history; cost more than $5B

Cybersecurity researcher Troy Hunt – who runs the HaveIBeenPwned website – predicted that the CrowdStrike failure would set a record as the largest IT outage in history, and the numbers seem to back him up.

Cyber insurance company Parametrix has put together some estimates of the cost of the outage, with healthcare companies worst hit, and airlines not far behind …

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