Microsoft to take massive hit as Fortune 500 firms suffer $5.4B in losses from Crowdstrike outage: study

US Fortune 500 companies excluding Microsoft face $5.4 billion in losses thanks to the CrowdStrike outage last week — and Microsoft’s losses will add hundreds of millions of dollars more to the total, cloud insurer Parametrix said Wednesday.The global tech outage – caused by a faulty update to CrowdStrike’s security software – crashed computers powered by Microsoft Windows on Friday, causing airlines to delay flights and doctors to postpone surgeries. Cyber insurance policies will likely cover no more than ...