IT outage hits sectors and businesses around the world
An IT problem has rippled across the globe, causing outages in multiple industries.
Global cyber outage disrupts multiple industries
A widespread cyber outage has struck various sectors globally, causing significant disruptions to airlines, media companies, banks, and telecommunications firms. The incident has highlighted the interconnectedness of global digital infrastructure and the far-reaching consequences of technical failures.
Airline industry ground to a halt
Major US airlines, including American Airlines, Delta Airlines, United Airlines, and Allegiant Air, issued ground stops citing communications issues. This occurred shortly after Microsoft announced it had resolved a cloud services outage that had impacted several low-cost carriers. However, it remains unclear whether the airline disruptions were directly related to the Microsoft outage.
Australian businesses and services affected
In Australia, the outage impacted media outlets, banks, and telecommunications companies. The Australian government linked these issues to a problem at global cybersecurity firm CrowdStrike. CrowdStrike acknowledged reports of crashes related to its Falcon sensor on Microsoft's Windows operating system but did not specifically mention Australia.
Ripple effects across Europe
The outage's impact extended to Europe, with Spain reporting a "computer incident" affecting all its airports. Ryanair, Europe's largest airline by passenger numbers, warned passengers of potential disruptions across its entire network, though it did not specify the nature of these disruptions.
Ongoing investigations and unclear connections
As the situation unfolds, it remains uncertain whether all reported outages are linked to the CrowdStrike issues or if other factors are at play. AWS, a major cloud service provider, announced it was investigating connectivity issues with Windows services. Despite the widespread impact, Australian authorities stated there was no information suggesting the outage was a cyber security incident.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
See your opportunity?
Seize it now. Trade over 17,000+ markets on our award-winning platform, with low spreads on indices, shares, commodities and more.
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
