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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mastodon.social/users/hrbrmstr/statuses/112858093261056413">boB Rudis 🇺🇦 🇬🇱 🇨🇦 (hrbrmstr@mastodon.social)'s status on Saturday, 27-Jul-2024 20:06:05 JST</a><a href="https://mastodon.social/@hrbrmstr" title="hrbrmstr@mastodon.social"><img src="https://gnusocial.jp/avatar/221971-48-20250419235005.webp" width="48" height="48" alt="boB Rudis 🇺🇦 🇬🇱 🇨🇦" style="position: absolute; left: 0; top: 0;">boB Rudis 🇺🇦 🇬🇱 🇨🇦</a></section><article><p>Parametrix did some number crunching and estimates the Fortune 500 took a collective $5.4 billion (USD) hit thanks to CrowdStrike’s apocalyptic Falcon update and the combined failures of CS &amp; impacted F500 orgs to design &amp; run actual resilient IT infrastructure.</p><p><a href="https://cdn.prod.website-files.com/64b69422439318309c9f1e44/66a24d5478783782964c1f6f_CrowdStrikes%20Impact%20on%20the%20Fortune%20500_%202024%20_Parametrix%20Analysis.pdf" rel="nofollow noreferrer">https://cdn.prod.website-files.com/64b69422439318309c9f1e44/66a24d5478783782964c1f6f_CrowdStrikes%20Impact%20on%20the%20Fortune%20500_%202024%20_Parametrix%20Analysis.pdf</a> [report PDF]</p><p><a href="https://www.parametrixinsurance.com/in-the-news/crowdstrike-to-cost-fortune-500-5-4-billion" rel="nofollow noreferrer">https://www.parametrixinsurance.com/in-the-news/crowdstrike-to-cost-fortune-500-5-4-billion</a> (PR)</p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/3436361#notice-6756051">In conversation</a><time datetime="2024-07-27T20:06:05+09:00" title="Saturday, 27-Jul-2024 20:06:05 JST">about 10 months ago</time> <span>from <span><a href="https://mastodon.social/@hrbrmstr/112858093261056413" rel="external" title="Sent from mastodon.social via ActivityPub">mastodon.social</a></span></span><a href="https://mastodon.social/@hrbrmstr/112858093261056413">permalink</a><h4>Attachments</h4><ol><li><label><a rel="external" href="https://gnusocial.jp/attachment/2963267">Affected Companies: About 25% of Fortune
500 companies experienced disruptions due
to the CrowdStrike outage.Industry-Specific Impacts: The most heavily
impacted industries were Airlines, Healthcare,
and Banking. Notably, 100% of the Transpor-
tation-Airlines sector was affected.Opportunities for Risk Diversification: The
Software &amp; IT-related Services sector, exclud-
ing Microsoft, was less impacted, suggesting
that (re)insurers can better manage risk by
diversifying portfolios to include industries
that rely on different service providers.</a></label><br><a href="https://files.mastodon.social/media_attachments/files/112/858/092/472/625/720/original/647e39006891173f.png" rel="external">https://files.mastodon.social/media_attachments/files/112/858/092/472/625/720/original/647e39006891173f.png</a></li><li><label><a rel="external" href="https://gnusocial.jp/attachment/2963268">Estimated Financial Loss due to the Crowd-
Strike outage: Parametrix estimates a total
loss of $5.4 billion for the Fortune 500,
excluding Microsoft.Industry Loss Distribution: The Healthcare
sector faces the highest losses, followed by
Banking and Airlines.Insured Loss Estimate: Insured losses are
expected to fall between $0.54 billion and
$1.08 billion, representing 10%-20% of the
total financial loss.</a></label><br><a href="https://files.mastodon.social/media_attachments/files/112/858/092/754/387/860/original/3019ac81e7adacf1.png" rel="external">https://files.mastodon.social/media_attachments/files/112/858/092/754/387/860/original/3019ac81e7adacf1.png</a></li><li><label><a rel="external" href="https://gnusocial.jp/attachment/2963269">Fortune 500 Financial Loss by Industry: A detailed table showing annual revenue for all companies and impacted companies across various sectors, along with estimated direct financial loss and loss per company. Industries include Health, Banking, Transportation - Airlines, Software &amp; IT related Services, Retail/Wholesale, Other, Finance, Transportation - Other, and Manufacturing. Data source: Parametrix Impact Analysis: CrowdStrike’s Impact on the Fortune 500.“</a></label><br><a href="https://files.mastodon.social/media_attachments/files/112/858/093/021/630/250/original/173f1f1320c59fe6.png" rel="external">https://files.mastodon.social/media_attachments/files/112/858/093/021/630/250/original/173f1f1320c59fe6.png</a></li><li><article><header><div>No result found on File_thumbnail lookup.</div><h5><a href="https://www.parametrixinsurance.com/in-the-news/crowdstrike-to-cost-fortune-500-5-4-billion">In the News - Parametrix - Cloud Insurance</a></h5><div></div></header><div>Read news and press stories about Parametrix Insurance and how our cloud outage insurance coverage is revolutionizing the insurance industry.</div><footer></footer></article></li></ol></footer></blockquote>

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boB Rudis 🇺🇦 🇬🇱 🇨🇦 (hrbrmstr@mastodon.social)'s status on Saturday, 27-Jul-2024 20:06:05 JST boB Rudis 🇺🇦 🇬🇱 🇨🇦
Parametrix did some number crunching and estimates the Fortune 500 took a collective $5.4 billion (USD) hit thanks to CrowdStrike’s apocalyptic Falcon update and the combined failures of CS & impacted F500 orgs to design & run actual resilient IT infrastructure.
https://cdn.prod.website-files.com/64b69422439318309c9f1e44/66a24d5478783782964c1f6f_CrowdStrikes%20Impact%20on%20the%20Fortune%20500_%202024%20_Parametrix%20Analysis.pdf [report PDF]
https://www.parametrixinsurance.com/in-the-news/crowdstrike-to-cost-fortune-500-5-4-billion (PR)
In conversationabout 10 months ago from mastodon.socialpermalink
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