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Microsoft to host cybersecurity summit after CrowdStrike-induced IT outage
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Microsoft to host cybersecurity summit after CrowdStrike-induced IT outage
Aug 24, 2024 2:49 PM

(Reuters) -Microsoft ( MSFT ) said on Friday it would hold a summit in September on improving cybersecurity systems, after a faulty update from CrowdStrike ( CRWD ) caused a global IT outage last month.

The conference marks the first big 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 on Sept. 10 at the company's headquarters in Redmond, Washington. Microsoft ( MSFT ) will invite government representatives to the gathering, it said.

"The CrowdStrike ( CRWD ) outage in July presents important lessons for us to apply as an ecosystem," Microsoft ( MSFT ) said.

The 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.

"We look forward to bringing our perspective to the discussions with Microsoft ( MSFT ) and industry and government stakeholders on the need for a more resilient ecosystem," a CrowdStrike ( CRWD ) spokesperson said when contacted for a comment.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Anil D'Silva and Shilpi Majumdar)

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