Sept 10 (Reuters) - Microsoft ( MSFT ) will hold a
summit on Tuesday to discuss steps to improve cybersecurity
systems, after a faulty software update from CrowdStrike ( CRWD )
caused a global IT outage in July.
The conference marks the first significant step by Microsoft ( MSFT )
to address the issues that affected nearly 8.5 million Windows
devices on July 19, disrupting operations across industries
ranging from major airlines to banks and healthcare.
The event will be held at Microsoft's ( MSFT ) headquarters in
Redmond, Washington, and will include invited government
representatives.
The July outage raised concerns that many organizations are
not well prepared to implement contingency plans when a single
point of failure such as an IT system, or a piece of software
within it, goes down. Analysts have said the outage also exposed
risks of dependence on a single vendor providing a one-stop shop
for security solutions.
Delta Air Lines ( DAL ) has said it was pursuing legal
claims against CrowdStrike ( CRWD ) and Microsoft ( MSFT ), after the outage
caused mass flight cancellations and cost the carrier at least
$500 million.