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Global Travel and Banking Disrupted by Major Cybersecurity Incident

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Global Travel and Banking Disrupted by Major Cybersecurity Incident

A massive cybersecurity incident has disrupted travel and banking services worldwide, causing chaos and delays. Approximately 110,000 commercial flights were scheduled globally today, but as of 11:00 BST, 1,390 flights have been cancelled, according to aviation analytics company Cirium. Here is the current breakdown of flight cancellations by country:

  • United States: 512 flights
  • Germany: 92 flights
  • India: 56 flights
  • Italy: 45 flights
  • Canada: 21 flights

Cybersecurity experts have identified the source of the problem as a faulty update from Crowdstrike, a well-known cybersecurity vendor. The update has caused systems to “blue screen” and crash, preventing computers from restarting and receiving the necessary fix.

Kevin Beaumont, a cybersecurity researcher, explained the complexity of resolving the issue: “As systems no longer start, impacted systems will need to be started in ‘Safe Mode’ to remove the faulty update. This is incredibly time-consuming and will take organisations days to do at scale. Essentially, we have one of the world’s highest impact IT incidents caused by a cybersecurity vendor.”

Microsoft has acknowledged the widespread impact of the incident, stating that while the “underlying cause” of the mass IT outage has been fixed for its apps, there is still “residual impact” affecting some services. The issue was initially attributed to “an update from a third-party software platform,” which has now been confirmed to be Crowdstrike.

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As organizations worldwide work to restore their systems, the ripple effects of the disruption continue to affect various sectors. The process of restarting systems in Safe Mode and removing the faulty update is expected to take several days, emphasizing the scale and severity of the incident.

Travelers and banking customers are advised to stay informed through official channels and prepare for potential delays and disruptions as efforts to resolve the issue continue.

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