On Friday, cybersecurity company CrowdStrike accidentally released a bad software update. This caused many Windows computers around the world to stop working, affecting services like air travel, credit card payments, emergency services, and stock markets.
This was the second big tech mistake involving CrowdStrike’s founder and CEO, George Kurtz. He was also the Chief Technology Officer of McAfee in 2010 when a similar issue happened, causing many computers to crash.
People were surprised to learn about Kurtz's connection to both incidents. A post about this went viral, getting over 1.6 million views.
Because of this problem, Kurtz’s personal wealth dropped by over $300 million, and CrowdStrike’s stock price fell by 11%.
CrowdStrike quickly fixed the issue, and Kurtz apologized, explaining that the problem was not due to a cyberattack, but a defect in the update. The issue only affected Windows computers, not Mac or Linux systems.
