Monday, August 5, 2024

Analysis: the vast majority of damages from July's CrowdStrike global IT outage will go uninsured; CrowdStrike reported nearly 24K enterprise customers in Q1 (Evan Gorelick/Bloomberg)

Evan Gorelick / Bloomberg:
Analysis: the vast majority of damages from July's CrowdStrike global IT outage will go uninsured; CrowdStrike reported nearly 24K enterprise customers in Q1  —  - Insured losses estimated between $300 million and $1.5 billion  — The days-long outage took a $5.4 billion toll on Fortune 500



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Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still maintains some ties to the company (Financial Times)

Financial Times : Sources: JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it...