A global cyber outage has impacted the IT operations of the Paris Olympics’ organizing committee and Microsoft’s Azure cloud unit, just before the Games begin. The Paris committee has activated contingency plans but did not detail the effects.
Paris Olympics
Microsoft’s Azure is investigating mitigation options for affected virtual machines running Windows OS and CrowdStrike Falcon. The outage has also disrupted financial markets, delaying London’s market opening and causing equities to fall. Investor concerns include potential US interest rate cuts, US-China trade tensions, and uncertainty over the US presidential election, particularly regarding President Biden’s re-election prospects following recent controversies.
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