Insurers have begun calculating the financial damage caused by last week’s devastating CrowdStrike software glitch that crashed computers, canceled flights and disrupted hospitals all around the globe — and the picture isn’t pretty.
$5.4 Bn so far, not including lost worker productivity or damage to brand reputations, so that’s a very conservative estimate. And Cybersecurity insurance will supposedly only cover up to 20% of that (but good luck getting even that much). What a clusterf***
$5.4 Bn so far, not including lost worker productivity or damage to brand reputations, so that’s a very conservative estimate. And Cybersecurity insurance will supposedly only cover up to 20% of that (but good luck getting even that much). What a clusterf***