Microsoft holds summit to discuss steps to improve cybersecurity systems

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Microsoft holds summit to discuss steps to improve cybersecurity systems
Microsoft holds summit to discuss steps to improve cybersecurity systems

Following a global IT disruption in July caused by a defective software update from CrowdStrike (CRWD.O), opens a new tab, Microsoft (MSFT.O), holds a summit on Tuesday to examine methods to enhance cybersecurity systems.

The conference was Microsoft’s first big move in resolving the problems that over 8.5 million Windows devices experienced on July 19, impacting business operations in a variety of sectors, including major airlines, banks, and healthcare.

The location was Microsoft’s Redmond, Washington headquarters.

The July outage sparked worries that many businesses are ill-equipped to put backup plans into place in the event that a single point of failure like an IT system or a piece of software within it occurs.

According to analysts, the outage also highlighted the dangers of relying just on one supplier to offer comprehensive security solutions.

“Windows security ecosystem must come together to innovate a safer and more reliable world,” Microsoft executive David Weston said at the summit, according to a Microsoft post on X.

After the outage resulted in numerous aircraft cancellations and cost the airline at least $500 million, Delta Air Lines (DAL.N), which opened a new tab, announced that it was bringing legal action against CrowdStrike and Microsoft.

Also readUnveiling the Ethical Imperatives: Navigating the Intersection of AI and Cybersecurity

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