We finally know what caused the global tech outage - and how much it cost

We finally know what caused the global tech outage - and how much it cost

By Brian Fung, CNN (CNN) — 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. What’s been described as the largest IT outage in history will cost Fortune 500 companies alone more than $5 billion in direct losses, according to one insurer’s analysis of the incident pu…

We finally know what caused the global tech outage - and how much it cost

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.

We finally know what caused global tech outage - and how much it cost

(CNN) — 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. What’s been described as the…