Adrian Johnson
TLDR:
- An IT outage impacted people nationwide, caused by flawed code in Microsoft’s operating system.
- Experts warn of potential vulnerabilities and the need for cyber resilience plans.
Experts have analyzed the recent major global IT outage, attributing it to flawed code in Microsoft’s operating system. The incident was not a cyber-security breach but an engineering issue related to a cloud-based service. Managing Director & Senior Equity Analyst for Wedbush Securities, Daniel Ives, highlighted the potential financial benefit for bad actors who may exploit these vulnerabilities. Effects of the outage are still being felt, especially in the aviation sector, as fixes are manual and time-consuming. Chief security evangelist at ESET, Tony Anscombe, emphasized the importance of businesses implementing cyber resilience plans to operate without a connection during such incidents. The outage serves as a reminder for organizations to be prepared for various disruptions, whether caused by power outages, internet issues, or natural disasters.
