DeFi Daily News
Tuesday, July 29, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Markets Stock Market

AI Saves the Day in the Biggest IT Outage Ever!

Ian King by Ian King
July 23, 2024
in Stock Market
0 0
0
AI Saves the Day in the Biggest IT Outage Ever!
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article

Less than 1% of Microsoft Windows devices were affected by the IT outage on Friday, but the repercussions were significant. Around 8.5 million devices experienced issues, leading to widespread disruptions across various industries.

More than 3,000 flights were canceled or delayed, emergency services in multiple states were compromised, and major financial institutions struggled with online access. Additionally, federal agencies and hospitals faced challenges, showcasing the far-reaching impact of the outage.

The root cause of this massive disruption? A faulty update from cybersecurity company CrowdStrike, resulting in a billion-dollar loss and emphasizing the importance of cyber resiliency in today’s interconnected tech environment.

The Growing Cost of IT “Brownouts”

Cyber brownouts and outages are not uncommon in the corporate world, with various factors such as human error, cyber-attacks, and hardware failures leading to disruptions. A LogicMonitor survey revealed that a majority of enterprises have experienced IT brownouts and outages in recent years, with significant consequences including brand damage and stock price impact.

Furthermore, the financial implications of downtime are staggering, with Global 2000 companies losing an estimated $400 billion annually due to outages. Each company faces an average cost of $200 million per year, highlighting the need for robust cybersecurity measures.

Large corporations like Meta, Amazon, and Alibaba have experienced substantial revenue losses during short outages, underscoring the potential economic impact of IT disruptions. Moreover, the latest outage highlighted the potential threat to human lives when critical services like 911 and hospitals are affected.

Adaptive New Solutions for Cybersecurity

To mitigate the risks associated with IT outages, AI technology emerges as a promising solution. AI tools are increasingly used to enhance cybersecurity capabilities, with predictive AI offering a proactive approach to identifying and addressing anomalies in cyber infrastructure.

The AI cybersecurity market is poised for exponential growth, with projections estimating a five-fold increase to $134 billion by 2030. Companies are recognizing the importance of AI in safeguarding their operations from potential cyber threats, investing in advanced solutions to ensure business continuity.

Palo Alto Networks, Inc., a leading player in the cybersecurity space, offers Precision AI as a predictive tool to fortify its cybersecurity platform. As organizations prioritize AI-driven security solutions, investments in companies like Palo Alto Networks present a lucrative opportunity for long-term growth.

In conclusion, the recent IT outage serves as a wake-up call for businesses to prioritize cyber resilience and invest in innovative technologies like AI. By embracing predictive AI solutions and strengthening cybersecurity measures, organizations can minimize the impact of future disruptions and safeguard critical operations. As the digital landscape continues to evolve, proactive cybersecurity strategies will be essential for ensuring business continuity and mitigating financial and reputational risks.

Explore more trending news articles like this on DeFi Daily News.

Until next time,
Ian King
Editor, Strategic Fortunes



Source link

Tags: BiggestDayOutageSaves
ShareTweetShare
Previous Post

⚡️ETHEREUM ETF Trading LIVE [Elon Musk Set to Speak at Bitcoin Nashville?]

Next Post

Analyst Discloses Bullish Setup for ETH Price: Are Spot Ethereum ETFs a Positive Sign? | Bitcoinist.com

Next Post
Analyst Discloses Bullish Setup for ETH Price: Are Spot Ethereum ETFs a Positive Sign? | Bitcoinist.com

Analyst Discloses Bullish Setup for ETH Price: Are Spot Ethereum ETFs a Positive Sign? | Bitcoinist.com

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
The Future of Blockchain: An Inside Look at Cardano

The Future of Blockchain: An Inside Look at Cardano

July 18, 2024
rewrite this title and make it good for SEO’You are insanely lucky if you get…’: Netizens react after Bengaluru man exposes ‘biggest scam’ in rental security deposit

rewrite this title and make it good for SEO’You are insanely lucky if you get…’: Netizens react after Bengaluru man exposes ‘biggest scam’ in rental security deposit

November 16, 2024
Top 19 crypto coins that will EXPLODE in July 2025!!

Top 19 crypto coins that will EXPLODE in July 2025!!

July 2, 2025
rewrite this title Deion says he’s cancer-free after bladder removal

rewrite this title Deion says he’s cancer-free after bladder removal

July 29, 2025
rewrite this title Finestel Rolls Out TradingView Bot and Custom Signal Bot to Boost Crypto Trading Automation

rewrite this title Finestel Rolls Out TradingView Bot and Custom Signal Bot to Boost Crypto Trading Automation

July 29, 2025
rewrite this title South Korea’s Ruling, Opposition Parties Clash Over Stablecoin Regulation – Decrypt

rewrite this title South Korea’s Ruling, Opposition Parties Clash Over Stablecoin Regulation – Decrypt

July 29, 2025
rewrite this title Ethereum Exchange Reserve Plummets: Over 1 Million ETH Withdrawn

rewrite this title Ethereum Exchange Reserve Plummets: Over 1 Million ETH Withdrawn

July 29, 2025
rewrite this title and make it good for SEOMass shooting in central business district shakes Manhattan, leaves at least 4 dead

rewrite this title and make it good for SEOMass shooting in central business district shakes Manhattan, leaves at least 4 dead

July 28, 2025
rewrite this title with good SEO China Busts M Bitcoin Laundering Ring Inside Tech Giant

rewrite this title with good SEO China Busts $20M Bitcoin Laundering Ring Inside Tech Giant

July 28, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.