Perspectives – The CrowdStrike Wake-Up Call: A Reminder About the Risks of Critical Third Parties

On July 19, 2024, I woke up to my phone buzzing with multiple notifications about an IT disruption that crippled half the globe. Government services, emergency call centers, banks, airlines, and hospital systems were at a standstill. Millions were stuck at airports, hospital patients were unable to undergo medical procedures, and numerous industries, including banking and retail, were brought to a halt.

And it was all because of a faulty software update.

As it happened, CrowdSt…