CrowdStrike Holdings, Inc. (NASDAQ:CRWD) experienced a significant decline in its stock price following an incident involving a company update that affected products from Microsoft Corporation (NASDAQ:MSFT).
This resulted in widespread outages across various key sectors globally.
In a statement on Saturday, CrowdStrike said it is currently assisting affected customers due to a flaw discovered in a specific content update for Windows hosts. The incident has not disrupted Falcon Complete and OverWatch services, it said.
The Microsoft-CrowdStrike incident impacted businesses worldwide, including airlines, banks, media and even 911 services, and has highlighted a heavy reliance ...