Malaysia is urging MSFT and CRWD to pay for damages. This is turning into a mess

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Malaysia’s digital minister has urged Microsoft (MSFT) and CrowdStrike (CRWD) to consider compensating companies for losses incurred during a recent global tech outage12. The outage was caused by a faulty update to CrowdStrike’s security software, which affected computers running Microsoft’s Windows operating system. This disruption impacted various industries, including aviation, banking, and healthcare.

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The minister has met with representatives from both companies to seek a full report on the incident and to discuss potential compensation for the affected parties12. The total amount of losses has not yet been determined.

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Sources:

finance.yahoo.com/news/malaysia-asks-microsoft-crowdstrike-consider-100105544.html

www.channelnewsasia.com/business/malaysia-asks-microsoft-crowdstrike-consider-covering-losses-global-outage-4501666

grafa.com/news/malaysia-urges-microsoft–crowdstrike–nasdaq-crwd–to-compensate-for-global-outage-losses-250838

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