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