00:00Right now, this is the scene at airports around the world with thousands, perhaps tens of thousands of travelers stranded due to a global cyber outage.
00:08The outage is related to cybersecurity firm CrowdStrike's Falcon program, which has caused massive issues on Microsoft Windows platforms globally.
00:16This has resulted in airlines having to issue handwritten boarding passes for passengers.
00:21According to Microsoft, the outage is related to a Windows update.
00:24However, it's not just airlines that are being hit with issues.
00:27News agencies are reporting that banks have also been hit, meaning businesses around the world will have difficulty doing their jobs.
00:35Investment analyst at AJ Bell Dan Coatsworth said about the outage,
00:38The world grinding to a halt because of a global IT meltdown shows the dark side to technology and that relying on computers doesn't always make life easier.
00:46With Elon Musk calling it the biggest IT fail ever.
00:50Analysts say this debacle will take days to fix.
00:53Meanwhile, CrowdStrike CEO George Kurtz issued a statement on X, telling those affected,
00:58The issue has been identified, isolated and a fix has been deployed.
01:02We refer customers to the support portal for the latest updates and will continue to provide complete and continuous updates on our website.
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