Kostas Rossoglou’s Post

Good point Kostas Rossoglou! #CrowdStrike outage does raise cybersecurity and procurement concerns for ‘middle powers’ and ‘third countries’, especially in regions with system/software monoculture. While this will likely move governments to reconsider their digital sovereignty objectives, I wonder if it's sustainable for every country/region to have localized alternatives or pursue cloud DPIs that could potentially help in preventing these kinds of shocks. Not least, the environmental and economic impact of such projects are worth consideration.

BEIJING — While businesses in the U.S. and Europe woke up Friday to a global IT outage that disrupted airports and hotels, China went into its weekend largely unaffected.The issue traced back to a software update by Texas-based cybersecurity company CrowdStrike, which generates more than half its revenue from the United States. #AirChinaLtd #BreakingNewsTechnology #businessnews #ChinaEasternAirlinesCorpLtd #ChinaSouthernAirlinesCoLtd #CrowdStrikeHoldingsInc #MarketInsider #Markets #MicrosoftCorp #Stockmarkets #Technology #TencentHoldingsLtd #VNETGroupInc

~~~ China largely unaffected by Friday’s Global IT outage caused by CrowdStrike software update~~~ Reasons as follows: - Chinese companies do not typically use CrowdStrike products, so they were not impacted. - CrowdStrike's customers are primarily in Europe and the United States. - The Chinese government encourages domestic companies to use homegrown technology and store data locally for national security reasons. - Chinese-made UOS operating system is gaining adoption among state-owned enterprises and government sectors. - Chinese companies typically use security products from Tencent, 360, and other domestic businesses. #informationtechnology #globalIToutage #bcp #drp https://lnkd.in/g5unX7Hu

Public vs private networks: which is safer for your business? 🤔 In our latest blog post, we explore why private networks are often the more secure choice for enterprises. We cover network types, their strengths and drawbacks, highlighting how the control and security provided by private networks could make a difference for your company. Let's chat about connectivity challenges you might be having and if a private network might be a good fit! 🔒Transform your business's connectivity today! Read more here 👉 https://lnkd.in/gkipUxHA #NetworkSecurity #PrivateNetworks #5G #BusinessContinuity #Putting5GtoWork

Public vs private networks: which is safer for your business? 🤔 In our latest blog post, we explore why private networks are often the more secure choice for enterprises. We cover network types, their strengths and drawbacks, highlighting how the control and security provided by private networks could make a difference for your company. Let's chat about connectivity challenges you might be having and if a private network might be a good fit! 🔒Transform your business's connectivity today! Read more here 👉 https://lnkd.in/gkipUxHA #NetworkSecurity #PrivateNetworks #5G #BusinessContinuity #Putting5GtoWork

Public vs private networks: which is safer for your business? 🤔 In our latest blog post, we explore why private networks are often the more secure choice for enterprises. We cover network types, their strengths and drawbacks, highlighting how the control and security provided by private networks could make a difference for your company. Let's chat about connectivity challenges you might be having and if a private network might be a good fit! 🔒Transform your business's connectivity today! Read more here 👉 https://lnkd.in/gkipUxHA #NetworkSecurity #PrivateNetworks #5G #BusinessContinuity #Putting5GtoWork

Microsoft Windows failure is grid failure—period. Regardless of who caused it. When global sourcing emerged in the 1990s, we concentrated on two primary objectives: accessing cost-effective talent and ensuring business continuity. Vendors were required to invest in redundancy and recovery, building robust infrastructures capable of handling everything from frequent power outages in developing countries to rogue elements hacking systems and disrupting operations. Recently, however, businesses have been neglecting these critical areas, slashing costs to satisfy Wall Street's quarterly expectations. This trend jeopardizes not only individual enterprises but also local and global economies. The principles of backup, redundancy, and recovery are being overlooked and underfunded. Consider the implications of the current misstep by CrowdStrike, whose mission is to protect businesses. If a rogue actor exploited these vulnerabilities, and with minimal redundancy and recovery measures in place, even divine intervention wouldn't be enough to avert disaster. It's imperative that businesses prioritize investment in these areas to safeguard our interconnected world. #BusinessContinuity #Redundancy #Recovery #InvestInIT #GlobalEconomy #ITInfrastructure https://lnkd.in/g6WJMkS3

Imagine a world where our digital assets and networks can be segmented and controlled *physically*, without relying on traditional internet protocols. No IPv4, no IPv6, no VPNs – which means no packets to intercept, and essentially, nothing to discover on a network. This cutting-edge technology offers a complete non-IP remote control of digital assets and networks. It's a game-changer, swapping out the typical network framework for a novel approach that ensures a hermetically sealed environment for your data. The value? An extra layer of security that could potentially make certain cyber-attacks obsolete. 💡 What does this mean for businesses and IT infrastructure? - Enhanced security posture with reduced attack vectors. - Greater resilience against network intrusions. - Innovative alternatives to traditional VPN-dependent remote work set-ups. Learn more about #drawbridge from Goldilock. Speak to our team today at https://ow.ly/Ikvt50QrBLB

Today, 19 July, the world was hit by a tech outage, causing global economic and social disruption. Hospitals had to cancel operations, payment systems failed, government services stopped functioning, and newsrooms went dark. While the Internet is operating normally, this service outage highlights the importance of resilience for both Internet access and digital services, especially on a global scale. Read more about our key takeaways from this incident ⬇️ https://ow.ly/L3LP50SG4LZ

Global surge in 2024's internet blackouts: Governments, cyberattacks, and technical issues cause disruptions impacting millions worldwide. As per a report, Atlas VPN, shutting down the internet for 24 hours would have a startling financial impact of $43 billion. Notably, the United States and China each pay half of this amount, totaling $21 billion in losses. Read more #ETInsights #VPN #USA #China #InternetBlackouts #CyberAttacks Poonam Mondal