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Researchers track the healthcare sector as experiencing the biggest financial losses, with banking and transportation following close behind.
A faulty software update from cybersecurity vendor Crowdstrike crippled countless Microsoft Windows computers across the globe today, disrupting everything from airline travel and financial institutions to hospitals and businesses online. Crowdstrike said a fix has been deployed, but experts say the recovery from this outage could take some time, as Crowdstrike's solution needs to be applied manually on a per-machine basis.
On July 19, 2024, a large-scale outage emerged affecting Windows computers for many industries across the globe from financial institutions to hospitals to airlines. The source of this outage came from a single content update from CrowdStrike.
Also, Senate Bill Proposes Payment Relief for Firms Meeting Cyber 'Standards'A nursing home operator is seeking bankruptcy protection, citing the effects of a ransomware attack last fall and fallout from the recent Change Healthcare outage as factors that contributed to its financial woes. Also, a Senate bill aims to address cash flows for some health firms hit by an attack.
But Hospital Lobby Group Contends Funding Is 'Onerous' and 'Exceedingly' LimitedTwo weeks into a major cyberattack-induced outage at its Change Healthcare business, UnitedHealth Group is offering short-term financial aid to some healthcare providers whose cash flows may be running short because of the disruption in insurance payments. But not everyone is impressed.