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Major IT outage affecting banks, airlines, media outlets across the world (www.abc.net.au)

submitted 4 months ago* (last edited 4 months ago) by rxxrc@lemmy.ml to c/technology@lemmy.world

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All our servers and company laptops went down at pretty much the same time. Laptops have been bootlooping to blue screen of death. It's all very exciting, personally, as someone not responsible for fixing it.

Apparently caused by a bad CrowdStrike update.

Edit: now being told we (who almost all generally work from home) need to come into the office Monday as they can only apply the fix in-person. We'll see if that changes over the weekend...

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[–] Oderus@lemmy.world 1 points 4 months ago (1 children)

~20% down in the last month

[–] sugar_in_your_tea@sh.itjust.works 2 points 4 months ago* (last edited 4 months ago)

52 Week Range 140.52 - 398.33

They're about where they were back in early June. If they weather this, I don't see a reason why they wouldn't jump back to their all-time high in late June. This isn't a fundamental problem with the solution, it's a hiccup that, if they can recover quickly, will be just a blip like there was in early June.

I think it'll get hammered a little more today, and if the response looks good over the weekend, we could see a bump next week. It all depends on how they handle this fiasco this weekend.