CrowdStrike's outage might have cost the economy "tens of billions of dollars," said a cyber insurance exec. Businesses are turning to their cyber insurance providers to regain their losses. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFriday's massive CrowdStrike outage grounded businesses and services worldwide to a screeching halt. "Economic damages could reach tens of billions of dollars," Nir Perry, CEO of cyber insurance risk platform Cyberwrite, told Reuters on Saturday.

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Persons: —, Nir Perry Organizations: Service, Reuters, Business