Global IT Outage: Interview with CrowdStrike CEO George Kurtz 7/19/24
Squawk on the Street
00:00
Technological Outage Impact on Banking Sector
The chapter delves into the repercussions of a global technological outage on the banking industry, discussing login issues at various banks and highlighting manual workarounds for tellers and ATM functionality checks. It also underscores the investments made in cybersecurity by banks to safeguard critical infrastructure from cyber attacks, emphasizing the interconnectedness of technology and the banking system.
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