Crypto News- Microsoft points to 2009 European Union pact for Crowdstrike disruption

Crypto News- Microsoft attributes Crowdstrike outage to 2009 European Union agreement

Crypto News– According to The Wall Street Journal, a spokesperson from Microsoft attributed the recent Crowdstrike outage to a regulatory agreement with the European Union dating back to 2009.

The spokesperson stated that as part of this agreement, Microsoft committed to granting external security developers the same level of access to interact with its software as Microsoft itself, which inadvertently contributed to the discovery of critical vulnerabilities.

Patrick Wardle, CEO of DoubleYou, explained that closed ecosystems like Apple’s MacOS are inherently more resistant to such critical errors due to their tightly controlled architecture. In 2020, Apple took steps to revoke similar security clearances for its operating system, effectively insulating it from third-party security failures and coding conflicts.

Microsoft’s Crowdstrike Outage Linked to 2009 EU Agreement, Says The Wall Street Journal

Between July 18 and July 19, the world experienced what has been termed as the largest information technology outage in history. This massive IT blackout affected approximately 8.5 million Windows systems globally, disrupting operations at financial institutions, airports, emergency services, and media broadcasting networks.

The crash was primarily caused by a bug in an upgrade related to the third-party security firm CrowdStrike. In an update, CrowdStrike CEO George Kurtz emphasized that the downtime was not the result of a hack or malicious exploit. He urged users to contact official CrowdStrike support channels and update their affected software through the security firm’s portal. The CEO also assured the public that the issue had been identified and resolved

Microsoft Blames Crowdstrike Outage on 2009 EU Agreement, According to The Wall Street Journal

Following the critical systems failure, members of the crypto community turned to social media to emphasize how distributed computing systems provide immunity against security vulnerabilities found in centralized systems.

Jameson Lopp, co-founder of Bitcoin wallet service Casa, utilized the high-profile outage to illustrate why Bitcoin’s core software does not automatically update, stating that Auto-updates introduce systemic risk.

Senator Cynthia Lummis, a longstanding advocate for decentralized technologies, echoed sentiments expressed by blockchain software developers. The GOP lawmaker highlighted Bitcoin’s resilience during the critical software meltdown as proof of its superior architecture compared to current centralized systems, which are prone to single points of failure and other performance bottlenecks.

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