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☆ Another Israeli war could put a strain on the West's artillery production, with Ukraine paying a price
▼ + stars: | 2024-07-24 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +6 min

Significant pressure on productionThe US and Europe have ramped up artillery production rates to try to outgun Russia and meet Ukraine's battlefield needs. However, he noted that Israel would fight a "very" different type of war with Hezbollah than Ukraine is fighting with Russia. Ukraine could pay a priceCancian doesn't believe that Ukraine would run out of artillery projectiles. Levantovscaia said diverting artillery to Israel could potentially cost Ukraine the war, but said she wasn't "100% sold," and that Ukraine's innovation and determination could counterbalance that. Even so, Temnycky said that any new limits on arms and ammunition would "certainly" make the objective of winning the war in Ukraine harder.

Persons: —, Daniel Hagari, Raphael Cohen, Kathryn Levantovscaia, Jeff Jurgensen, Levantovscaia, Mark Temnycky, RAND's Cohen, Israel, Mark Cancian, Cohen, Temnycky Organizations: Service, Hezbollah, Israel Defense Forces, Business, Israel's Air Force, Russia, RAND Project Air Force, Forward Defense, Strategy, Defense Ministry, Pentagon, CNN, Council's Eurasia, Hamas, Marine, Center for Strategic, International Studies, RAND, Israel, Ukraine Locations: Israel, Iran, Lebanon, Gaza, Ukraine, Europe, Russia, United States

☆ Harry Connick Jr. says he and his wife of 30 years have 'no rules' in their marriage
▼ + stars: | 2024-07-23 | by ( Amanda Goh | ) www.businessinsider.com time to read: +5 min

Read previewThree-time Grammy Award-winning musician Harry Connick Jr. says he and his wife don't live by any rules in their marriage. "We trust each other, we love each other, we communicate," Connick Jr. told People. Advertisement"Certain things that work for us may not work for other people, but we're not too big on rules," Connick Jr. said. Related storiesOther celebrities, in addition to Connick Jr., have spoken about how they keep their relationships strong. A representative for Connick Jr. did not immediately respond to a request for comment from BI sent outside regular business hours.

Persons: —, Harry Connick Jr, Jill Goodacre Connick, Connick, we're, Kate, we've, I'm, I've, they'll, it's, Blake Lively, Ryan Reynolds, Robert Downey Jr, Susan, Eva Mendes, Ryan Gosling, James Chong, Jean XM Chen, Chong, Chen Organizations: Service, Business, Connick Jr, Mind, BI Locations: Georgia, Charlotte, Mind Singapore

Prepaid debit cards or gift cards are easy ways to send money to someone without a bank account. Prepaid debit cards and gift cardsAccording to a 2021 FDIC study, nearly a third of unbanked households commonly use prepaid debit cards. Tips for sending money to someone without a bank accountWhen sending money to someone without a bank account, Marguerita Cheng, CFP® professional, RICP, and CEO of Blue Ocean Global Wealth, suggests comparing different options to find the best for your situation. Money transfer services, prepaid debit cards, gift cards, and digital payment apps or digital wallets are alternatives to sending and receiving money without a bank account. International money transfer services, such as those offered by Western Union or MoneyGram, can help you send money securely to someone without a bank account who lives overseas.

Persons: Venmo, It's, Marguerita Cheng, Cheng, you'll, You'll, you'd, Avanzamos Organizations: PayPal, Venmo, Apple, FDIC, CFP, Blue, Bank, Western Union Locations: Western Union, Western, Chevron

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Persons: Insider’s, USAA, Wells Organizations: Business, USAA, Wells, Security Locations: USAA, Wells

☆ Analysis: Harris gets a dream start, but the task ahead is monumental
▼ + stars: | 2024-07-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Her multi-hour phone blitz to Democratic Party power players on Sunday hinted at an operation primed ahead of time but that was kept secret and didn’t leak. The vice president has shown signs of improving her political skills recently, but that’s never been her forte. In a memo to reporters, the Trump campaign previewed a blistering assault to come on Harris. Harris is the least popular vice president in history – which is no surprise given her terrible record,” the memo said. The question now is whether Harris, who has exhibited considerable political liabilities as vice president, has the skills, staying power and luck to take advantage.

Persons: CNN — Kamala Harris, Joe Biden –, Donald Trump, Harris, Biden, Nancy Pelosi, Biden’s, Pelosi, Harris –, Trump, that’s, Barack Obama, Susie Wiles, Chris LaCivita, “ She’s, Joe Biden, ” Harris carves, He’s, pollsters, • Harris, Ben Wikler, ”, outpolled, Nikki Haley, “, you’re, we’ve, Eric Swalwell, CNN’s John Berman, Chris Sununu, ’ ” • Harris, Hakeem Jeffries, Chuck Schumer, Kamala Harris, ” Harris, anoint Harris, •, It’s, Vance, “ Kamala Harris Organizations: CNN, Democratic, Democratic Party, Sunday, Trump, Biden, Republican, GOP, Chicago . Governors, Wisconsin Democratic, Badger, Former South Carolina Gov, ” Democratic, • New, • New Hampshire Republican Gov, White, National Collegiate Athletics Association, Paris Olympics, • Locations: Wilmington , Delaware, Covid, Washington, America, Harris, Chicago ., California, •, • New Hampshire, Iowa, American

☆ Philadelphia is experimenting with guaranteed income pilots for pregnant people and housing insecure families
▼ + stars: | 2024-07-23 | by ( Allie Kelly | ) www.businessinsider.com time to read: +7 min

Read previewPhiladelphia has joined the national guaranteed basic income wave — with a focus on pregnant people and families experiencing housing insecurity. AdvertisementPhilly Joy Bank hopes to improve birth outcomesThe Philly Joy Bank pilot will offer $1,000 a month for 18 months to pregnant people beginning in their second trimester. It is a partnership between the Philadelphia Department of Public Health and the Philadelphia City Fund — with funding coming from the city and various foundations. Guaranteed income programs like Philly Joy Bank "should be the standard, not the exception," Coaxum said. Participants will pay about 30% of their personal monthly income toward housing, then they will receive guaranteed income to cover any remaining balance.

Persons: —, ALICE, Nia Coaxum, It's, Coaxum, Dawn Benson, Benson, Noah Sheidlower Organizations: Service, Philly Joy Bank, Business, Nonprofit United, Philly, Bank, Health, Philadelphia Department of Public Health, Denver, Philadelphia Community Action, Philadelphia City Fund, Children's Hospital of Philadelphia, city's Department of Public Health, Philadelphia Housing Development Corporation, University of Pennsylvania, BI Locations: Philadelphia, Pennsylvania, America, Area, Chicago, San Antonio , New York City, Tioga, Cobbs

Meta on Tuesday announced the latest version of its Llama artificial intelligence model. Nvidia is a key Meta partner and provides the social networking giant with the computing chips called GPUs to help train its AI models, including the latest version of Llama. For example, Meta said that Llama model announced on Tuesday was trained on 16,000 of Nvidia's H100 graphics processors. But open-source models can cost hundreds of millions or billions of dollars to create. There aren't many companies that are financially able to develop and release open-source models with similar amounts of investment.

Persons: Mark Zuckerberg, Meta, Zuckerberg, Jensen Huang, Ash Jhaveri, We're, Jhaveri, WhatsApp Organizations: Meta, Google, Nvidia, Amazon Web Services, Microsoft, CNBC Locations: Tokyo, Dell, U.S

How money market accounts differ from savings and checking accountsWhile money market accounts are similar to savings and checking accounts in a lot of ways, there are a few ways in which they differ. In comparison, money market accounts offer good interest rates, and the best money market accounts can have interest rates over 5% APY. Additionally, the rate you get on your money market account is frequently dependent on how much money you have in your account. Just like savings accounts, money market accounts frequently put limits on how many times you can withdraw money per month. Comparing MMAs to other investment optionsWhen comparing money market accounts to investing, money market accounts have two big advantages: security and liquidity.

Persons: We've, Banks, Bobbi Rebell, it's, Rebell Organizations: Financial, FDIC, Federal Locations: Chevron

☆ Harris has championed more progressive ideas than Biden
▼ + stars: | 2024-07-23 | by ( Tami Luhby | Meg Tirrell | ) edition.cnn.com time to read: +9 min

The Biden administration, along with congressional Democrats, broadened access to health insurance by temporarily beefing up the federal premium subsidies for Affordable Care Act policies. Providing middle class tax reliefAs a senator, Harris proposed providing middle-class and working families with a refundable tax credit of up to $6,000 a year (per couple) to help keep up with living expenses. Harris also campaigned on the measure – titled the LIFT the Middle Class Act, or Livable Incomes for Families Today – during her earlier presidential run. Like Trump, Harris proposed allowing the federal government to set “a fair price” for any drug sold at a cheaper price in any economically comparable country, including Canada, the United Kingdom, France, Japan or Australia. As California’s attorney general, Harris joined other states in pursuing several drugmakers for their pricing or practices, winning multimillion-dollar settlements.

Persons: Kamala Harris, Donald Trump, Joe Biden’s, Biden, Harris, Sen, Bernie Sanders ’, ” Harris, Sanders, Roe, Wade, ”, Kelly Baden, ” Baden, –, Trump, ’, John Gimigliano, Harris ’ Organizations: CNN, Affordable, Wall Street, Congressional, White, Guttmacher Institute, Biden, Today –, KPMG’s, KPMG’s Washington National Tax, Trump, Profit Locations: Minnesota, Biden’s, KPMG’s Washington, Canada, United Kingdom, France, Japan, Australia

☆ Israeli former national security officials and business leaders blast Netanyahu ahead of his speech to Congress
▼ + stars: | 2024-07-23 | by ( Alex Marquardt | ) edition.cnn.com time to read: +6 min

CNN —A group of senior Israeli figures including former national security officials, academics and business leaders have sent US congressional leadership a blistering letter accusing Israeli Prime Minister Benjamin Netanyahu, who is set to speak to Congress on Wednesday, of threatening both Israeli and American national security. “Netanyahu severely harms the US national security interests through his approach to this war, which adversely impacts American policy in the Middle East and beyond and further endangers Israel,” it continues. The Obama White House had been blindsided by Netanyahu’s decision to address Congress after another invitation from a Republican House speaker, John Boehner. Typically, a vice president, in their role as president of the Senate, would attend and sit prominently on the dais. However, Vice President Kamala Harris will also miss Netanyahu’s Wednesday speech due to travel, which Biden’s national security adviser Jake Sullivan said Friday he did not expect to be a repeat of 2015.

Persons: Benjamin Netanyahu, Netanyahu, he’s, Tamir Pardo, Aaron Ciechanover, Avishay, Carmi, Morris Kahn, Jeremy Levin, “ Netanyahu, Mike Johnson, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, Pardo, disinvite Netanyahu, ”, Alon Pinkas, “, Biden, –, Pinkas, ” Benjamin Netanyahu, Sen, Bernie Sanders, Schumer, Joe Biden, Biden’s, Obama, John Boehner, Kamala Harris, Jake Sullivan, they’re, ” Sullivan, ’ Organizations: CNN, Israeli, American, Ben Gurion University, Republican, ”, Obama White, Aspen Security, White, Gaza . Senior, Gallup Locations: Gaza, Israel, New York, Washington, Iran, Gaza .

USAA Preferred Cash Rewards Credit Card OverviewThe USAA Preferred Cash Rewards Credit Card is a standard cash-back credit card with no annual fee that offers an unlimited flat rate of 1.5% cash back for each dollar spent. USAA Preferred Cash Rewards Credit Card BenefitsThe USAA Preferred Cash Rewards Credit Card doesn't have a ton of perks, but it does have some. Some fees you should know about include:Balance transfer feeCash advance feeLate payment feeReturned payment feeCompare the USAA Preferred Cash Rewards CardUSAA Eagle Navigator™ Credit Card vs. USAA Preferred Cash Rewards Credit CardThe USAA Eagle Navigator™ Credit Card is USAA's first card with an annual fee (USAA Eagle Navigator™ Credit Card, focused specifically on travel rewards. USAA Preferred Cash Rewards Card Frequently Asked QuestionsIs the USAA Preferred Cash Rewards Credit Card a good card? Why You Should Trust Us: How We Reviewed the USAA Preferred Cash Rewards CardWhen reviewing the USAA Preferred Cash Rewards Credit Card, we followed our credit card rating methodology.

Persons: USAA, Cash, you'll, Cardholders, it's, You'll, Read Organizations: American Express, USAA, Auto, Wells, Chase, Security, Eagle Navigator, Chase Travel ℠ Locations: J.D, USAA

☆ Hackers are already taking advantage of the CrowdStrike outage chaos
▼ + stars: | 2024-07-22 | by ( Brian Fung | Sean Lyngaas | ) edition.cnn.com time to read: +6 min

CrowdStrike has issued its own guidance on what affected organizations can do in response to the issue. One example of that has been targeting Spanish-speaking CrowdStrike customers, the company said in a separate blog post. When opened, the file installs malicious software that phones home to a server the hackers control and may use to give additional instructions to the malware. “CrowdStrike Intelligence recommends that organizations ensure they are communicating with CrowdStrike representatives through official channels and they adhere to technical guidance the CrowdStrike support teams have provided,” the company said. “Bad actors routinely try to take advantage of current events, so it’s not all surprising to see them attempting to take advantage of this one,” Callow said.

Persons: CNN —, ”, CrowdStrike, Kenn White, “, cybercriminals, Lina Khan, Azim Khodjibaev, Brett Callow, ” Callow Organizations: CNN, Department of Homeland Security, Infrastructure Security Agency, CrowdStrike Intelligence, Federal Trade Commission, Internal Revenue Service, Social Security Administration, FTC, Cisco, FTI Consulting

☆ Republican representatives call on CrowdStrike CEO George Kurtz to testify
▼ + stars: | 2024-07-22 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Republican representatives on Monday called on CrowdStrike CEO George Kurtz to testify in front of the House Committee on Homeland Security, days after the company issued a faulty software update that crashed millions of Microsoft Windows devices. The outage caused disruptions across "key functions" of the global economy, including banking, aviation, health care, emergency services and media, the lawmakers said. Kurtz said Friday that the outage was not a cyberattack or security incident, and CrowdStrike deployed a fix that day. Green and Garbarino asked CrowdStrike to set up a hearing with the Subcommittee on Cybersecurity and Infrastructure Protection by Wednesday at the latest. CrowdStrike and Microsoft did not immediately respond to CNBC's request for comment.

Persons: George Kurtz, Mark Green, Andrew Garbarino, Garbarino, Kurtz, CrowdStrike Organizations: Microsoft Corp, Homeland Security, Microsoft, Protection Locations: New Delhi, India, U.S

Spirit has two credit cards: the Free Spirit Travel Mastercard and Free Spirit Travel More Mastercard. Overview of the Free Spirit ProgramJoining Free Spirit offers several benefits, even for infrequent travelers. Free Spirit Travel MastercardThe Free Spirit® Travel Mastercard® has no annual fee and a welcome bonus of 10,000 points after you spend $500 on purchases within the first 90 days of account opening. Spirit Airlines points expiration policySpirit Airlines points won't expire if you earn or redeem once every 12 months. Spirit Airlines Rewards frequently asked questionsHow can I earn Free Spirit points without flying?

Persons: —, You'll, they're, you'll, doesn't, Silver, Mastercard cardholders Organizations: Spirit Travel Mastercard, Free, Travel, Mastercard, Read, Airlines, Caribbean, Free Spirit, Spirit Airlines, Citi, Marriott, Bank of America, ®, Silver, MasterCard, Spirit, Gold Locations: U.S, America, Chevron

☆ Opinion | Biden Is Out. Is This What Moving Toward Stability Feels Like?
▼ + stars: | 2024-07-22 | by ( Katherine Miller | ) www.nytimes.com time to read: +2 min

One unbelievable event follows another, culminating in Joe Biden’s decision to withdraw from the presidential race. And in the aftermath of that shock, there was no firm foundation to fall back on. Few things recently have been more of a strain to live through than the uncertainty surrounding Mr. Biden’s presidency and the nature of presidential power. The June 27 debate clarified that Mr. Biden’s age had gotten away from him, and from a lot of people — that the situation hadn’t been entirely understood or appreciated, in the accounts of unevenness and the bad moments that followed. It was a collective experience, either affirmation of people’s fears and worries, or a shock to the system.

Persons: Joe Biden’s, Donald Trump, —, Biden’s Organizations: Secret Service

☆ A boomer gets just $1,056 a month in Social Security and works as a bus driver: 'I don't see myself being able to retire, but I'm grateful and healthy'
▼ + stars: | 2024-07-21 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +6 min

Read previewEmma Echols, 68, lives off $1,056 a month in Social Security and a part-time bus driver job in Alabama. Echols has worked since she was 12, working as a chef, a convenience store general manager, and a bus driver. "I always wanted to earn my own money," Echols said. "I always wanted to work, and at the age of 14, someone started my Social Security records for me. AdvertisementHer Social Security is $1,056 a month, a 25% reduction from her potential full benefit because she accepted payments early.

Persons: —, Emma Echols, she's, Echols, I've, hasn't Organizations: Service, Social Security, Business, Survey, Security Locations: Alabama

For Love & Money is a weekly Business Insider column answering relationship and money questions. Write to For Love & Money using this Google form. If your siblings don't already recognize how lucky they are to have you, I assure you they will someday. Another way you can help your siblings when you're gone is to prepare them for it now. Write to For Love & Money using this Google form .

Persons: —, I've, I'm, You've, you've, doesn't Organizations: Service, SNAP, Medicaid

☆ Trump shooter surveilled rally site with a DJI-made camera drone just hours before attempted assassination, reports say
▼ + stars: | 2024-07-21 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Read previewThomas Matthew Crooks, the gunman who attempted to assassinate Donald Trump, flew a drone over the rally site just hours before he opened fire, according to multiple reports. The Secret Service has already received backlash over its role at the event. The Secret Service had excluded the warehouse from its security zone. Crooks was killed by a Secret Service sniper. The director of the Secret Service, Kimberly Cheatle, is set to testify before Congress on Monday.

Persons: —, Thomas Matthew Crooks, Donald Trump, Crooks, Butler, Tim McCarthy, Ronald Reagan, Regan, Matt Shoemaker, Mike Johnson, NBC's, Kimberly Cheatle, Anthony Guglielmi, Trump Organizations: Service, Street Journal, Business, NBC News, NBC, Secret Service, WGN, Trump, Defense Intelligence Agency, FBI Locations: Butler , Pennsylvania, Bethel Park , PA, Trump, Chicago

☆ Secret Service tried to block Trump team request for metal detectors at his son's high school graduation, report says
▼ + stars: | 2024-07-21 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The official said that the Secret Service had even tried to deny a request from Trump's team to install metal detectors at his son Barron Trump's high school graduation in May, which the former president attended with his wife, Melania. The official told The Times that the Secret Service had argued that the graduation was not a "political" event before eventually caving in. Secret Service spokesperson Anthony Guglielmi previously said that "there's an untrue assertion that a member of the former president's team requested additional resources and that those were rebuffed." Crooks was killed by a Secret Service sniper. Kimberly Cheatle, the director of the Secret Service, is set to testify before Congress on Monday.

Persons: —, Barron Trump's, Anthony Guglielmi, Guglielmi, Butler, Thomas Matthew Crooks, Crooks, Tim McCarthy, Ronald Reagan, Mike Johnson, Kimberly Cheatle, Trump Organizations: Service, New York Times, Trump, Business, Times, Secret, The Times, Secret Service, WGN, Department of Homeland Security Locations: New York City, Butler , Pennsylvania, Bethel Park , PA, Chicago

☆ Bangladesh’s top court rolls back some job quotas after deadly protests, local media report
▼ + stars: | 2024-07-21 | by ( Alex Stambaugh | Manveena Suri | ) edition.cnn.com time to read: +2 min

CNN —Bangladesh’s Supreme Court on Sunday rolled back some of the controversial quotas on government jobs which sparked violent protests, Reuters reported, citing local media. Since the roles are linked to job security and higher pay, the quota system has angered many in the country, particularly students and young people, as Bangladesh faces high unemployment levels. In 2018, the civil service quota system was scrapped following similar protests but in June the High Court reinstated it, ruling its removal unconstitutional. On July 10, the Supreme Court suspended the quotas for one month while it took up the case. According to local media, the curfew was extended until after the Supreme Court hearing and will continue for an “uncertain time” following a two-hour break for people to gather supplies, Reuters reported.

Persons: CNN —, Anik Rahman Organizations: CNN, CNN — Bangladesh’s, Reuters, Bangladesh Army Locations: Pakistan, Bangladesh, Dhaka

☆ Global IT outage leaves thousands stranded at airports amid chaos at hospitals, government agencies and 911 systems
▼ + stars: | 2024-07-20 | by ( Dalia Faheid | ) edition.cnn.com time to read: +10 min

All flights were grounded for United Airlines, Delta Air Lines, American Airlines and Allegiant Airlines on Friday. Meanwhile, thousands of companies around the world are struggling with payment processing after the outage brought down systems across a wide range of businesses. Airlines, banks, TV channels and other businesses were disrupted worldwide on Friday following a major computer systems outage linked to an update on an antivirus program. In addition to hospitals, blood donation centers have experienced challenges and are altering blood shipment methods due to flight delays. The Social Security Administration closed its local offices to the public on Friday after the outage shut down numerous services.

Persons: ”, “, Kiah Hampton, Hampton, Jennifer Small, ” Small, Ty Kelley, “ I’m, Miya Haney, Dave DeWalt, George Kurtz, ” Kurtz, Etienne Laurent, Kim Brown, ” Brown, Laura Topete, ” Topete, Ted Wheeler, Kathy Hochul Organizations: CNN, Microsoft, United Airlines, Delta Air Lines, American Airlines, Allegiant Airlines, Airlines, Atlanta’s Hartsfield, Jackson International Airport, ” Spirit Airlines, Shipping, UPS, FedEx, Marriott International, Hilton, McAfee, Infrastructure Security Agency, Delta Airlines, Getty, Kaiser Permanente, Health, Hospital Medical, Epic Systems, US Department of Health, Human Services, York Blood Center, Angeles, Superior Court, Department, ”, United States Customs, Border Protection, CBP, Social Security Administration, US Department of Justice Locations: United States, Los Angeles, ” New Jersey, Jersey, Philadelphia, Boston, Alaska, Phoenix, New York City, Texas , Tennessee, North Carolina, Georgia, Airlines, Kaiser, San Jose , California, Portland , Oregon, Southern California, San Diego County, Arizona, Maricopa County, New York

☆ Copa América 2024: Federal class action lawsuit seeks refunds on behalf of ticketed fans who weren’t allowed into final
▼ + stars: | 2024-07-20 | by ( Denise Royal | Carlos Suarez | ) edition.cnn.com time to read: +5 min

“Hard Rock Stadium was responsible for implementing the security plans negotiated with CONMEBOL and CONCACAF and implementing protocols designed for fan safety. Hard Rock Stadium hired BEST security for additional assistance,” the complaint states. The class would consist of people who purchased tickets but were not allowed to watch the match in the stadium. Fans try to enter the stadium amid disturbances prior to the CONMEBOL Copa America 2024 Final match between Argentina and Colombia at Hard Rock Stadium in Miami Gardens, Florida on July 14, 2024. Hard Rock Stadium and CONMEBOL told CNN separately that they cannot comment on litigation.

Persons: “, Das Nobel, Megan Briggs, Noble, Maddie Meyer, ticketholders, Jacqueline Martinez, Martinez Organizations: CNN, Copa América, South American Football Confederation, North, Caribbean Association Football, Management, Sunday, CONMEBOL Copa, Hard, Getty, CONMEBOL, CONCACAF, Rock, Ticketmaster, Concacaf Locations: Miami Gardens , Florida, Central America, Argentina, Colombia

☆ How to Guard Against Scams Tied to the CrowdStrike Crash
▼ + stars: | 2024-07-20 | by ( Hank Sanders | Emmett Lindner | ) www.nytimes.com time to read: +1 min

In the hours after the American cybersecurity firm CrowdStrike deployed a flawed software update that crippled critical businesses and services around the world, scammers pounced. Government agencies and businesses have warned that the panic caused by the CrowdStrike crash on Friday has given criminals an opening to take advantage of customers who are looking to reschedule flights, access banking information or fix their technology. CrowdStrike provides cybersecurity for some 70 percent of Fortune 100 companies, so the crash led to widespread failures that grounded planes, crippled businesses, disrupted 911 emergency systems and delayed banking transactions. Thieves online are using the confusion to carry out a variety of scams, including phishing attempts, the U.S. Cybersecurity and Infrastructure Security Agency said. The National Cyber Security Center in the United Kingdom issued a similar statement noting that an “increase in phishing referencing this outage has already been observed.”

Persons: CrowdStrike, pounced, ” Organizations: Government, Fortune, Cybersecurity, Infrastructure Security Agency, Cyber Security Locations: U.S, United Kingdom

☆ CrowdStrike update that caused global outage likely skipped checks, experts say
▼ + stars: | 2024-07-20 | by ( ) www.cnbc.com time to read: +3 min

Security experts said CrowdStrike's routine update of its widely used cybersecurity software, which caused clients' computer systems to crash globally on Friday, apparently did not undergo adequate quality checks before it was deployed. The latest version of its Falcon Sensor software was meant make CrowdStrike clients' systems more secure against hacking by updating the threats it defends against. Patrick Wardle, a security researcher who specializes in studying threats against operating systems, said his analysis identified the code responsible for the outage. It's unclear how that faulty code got into the update and why it wasn't detected before being released to customers. Other security companies have had similar episodes in the past.

Persons: Steve Cobb, Patrick Wardle, John Hammond Organizations: Dusseldorf Airport, Microsoft, Huntress Labs, Fortune, Infrastructure Security Agency Locations: Dusseldorf, Germany, U.S

☆ The CrowdStrike fail and next global IT meltdown already in the making
▼ + stars: | 2024-07-20 | by ( Kevin Williams | ) www.cnbc.com time to read: +3 min

The reality, however, was much more mundane: a botched software update from the cybersecurity company CrowdStrike. "In this case, it was a content update," said Nick Hyatt, director of threat intelligence at security firm Blackpoint Cyber. And because CrowdStrike has such a broad base of customers, it was the content update felt around the world. In this case, the content update was tied to the CrowdStrike Falcon monitoring software. Software updates should be rolled out incrementally One lesson from the global IT outage, O'Neill said, is that CrowdStrike's update should have been rolled out incrementally.

Persons: Nick Hyatt, CrowdStrike, Hyatt, Harun Ozalp, Eric O'Neill, O'Neill, Peter Avery, Avery Organizations: Microsoft, Anadolu, Getty, FBI, Visual Edge Locations: Ankara, Turkey

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