Today: Largest IT Outage in History
When the Lights Go Out The Candle's Flickering Flame Still Shines on Gold and Silver
CrowdStrike is the cyberfirm that generated the claim that Russia hacked the DNC, setting off Russiagate.
Even though CrowdStrike was working for the Clinton campaign, the FBI relied on it rather than independently investigate the "hacked" DNC servers.
It only emerged four years later that CrowdStrike had "no evidence" of Russian hacking.
The Clinton campaign, CrowdStrike, and Mueller had all concealed this. They even gave false statements to Congress about it.
Nancy Pelosi Trade:
Nancy bought $1Million Dollars of CRWD on 9/3/20 which is +151% since
On July 19, 2024, a massive global technology outage occurred, causing widespread disruptions across various industries, including air travel, banking, and media. This incident is being described as potentially the "largest IT outage in history". Here are the key points about the outage and the relationship between Microsoft and CrowdStrike:
Cause of the outage:
The root cause of the outage was traced to a software update from CrowdStrike, a global cybersecurity firm. Specifically, the issue was related to CrowdStrike's "Falcon Sensor" software, which caused Microsoft Windows to crash and display the infamous "Blue Screen of Death".Impact on air travel:
Major U.S. airlines, including American Airlines, Delta Airlines, and United Airlines, were forced to ground flights. The Federal Aviation Administration (FAA) issued a global ground stop for these airlines, and air traffic controllers were instructed to inform airborne pilots about communication issues.Impact on banking and other industries:
Banks and financial services companies in multiple countries, including Australia, India, and Germany, reported disruptions to their services. The outage also affected healthcare systems, with booking systems used by doctors in Britain going offline.Microsoft's involvement:
While the initial problem stemmed from CrowdStrike's update, it specifically impacted systems running Microsoft's Windows Operating System. Microsoft's cloud unit Azure acknowledged that the issue affected virtual machines running Windows OS and the CrowdStrike Falcon agent.Relationship between Microsoft and CrowdStrike:
CrowdStrike is a third-party software platform that provides cybersecurity services to many companies, including those using Microsoft products. Over half of Fortune 500 companies reportedly use CrowdStrike software. In this incident, the interaction between CrowdStrike's update and Microsoft's Windows OS led to the widespread outage.Resolution:
Both CrowdStrike and Microsoft worked to address the issue. CrowdStrike CEO George Kurtz stated that a fix was being deployed, emphasizing that this was not a security incident or cyberattack. Microsoft later confirmed that the issue had been fixed.
This incident highlights the interconnectedness of global IT infrastructure and the potential for widespread disruptions when issues arise in widely-used software systems. It also underscores the critical role that third-party cybersecurity firms like CrowdStrike play in the broader technology ecosystem, particularly in their integration with major operating systems like Microsoft Windows.
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Concluding Thoughts:
Power Grids are Stressed to the Max. Moreover, Cyber Attacks will happen more regularly. We will see more instances of this, some by foreign actors and some from our Government. We must prepare for future weeks, months and years to be unpleasant, uncomfortable and inconvenient.
Modern life has us dependent on high tech and a surplus of energy. Get used to significant disruptions and the risks of vulnerability within our power grids impacting business, commerce, food and supply chains, banking, heating, cooling, healthcare and travel.
It's vital to realize that in the absence of power, your gold and silver still shimmer and shine under candlelight.
This is a stark contrast to cryptocurrencies. No power means no money. This is the ultimate risk.
Perhaps the Amish will get the last laugh
