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Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media
A major tech outage is causing issues worldwide, including grounding flights.
Banks, stock markets, and media outlets are also being affected on Friday morning, July 19.
An update by cybersecurity technology company CrowdStrike appears to be the cause of device outages for millions of Microsoft Windows device users.
Several major US air carriers, including Delta, United, and Spirit are under a full ground stop, according to the FAA.
"Several airlines have requested FAA assistance with ground stops until the issue is resolved," the agency said.
Microsoft has said it is taking "mitigation …
'Cybercriminal, Cheat' Russian Hacker Guilty Of Boston Stock Conspiracy: Feds
A Russian businessman was convicted this week of an elaborate conspiracy where he and several others hacked into a computer system located in Boston to steal yet-to-released earnings reports from hundreds of companies and used the information to buy stocks, authorities said. They made nearly $100 million in this scheme, officials added.
Vladislav Klyushin, age 42, of Moscow, was found guilty on Tuesday, Feb. 14, on all charges, including wire fraud and securities fraud, following a 10-day trial in Boston, the US Attorney for Massachusetts said. He faces up to 30 years in federal prison.
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