2024-07-31 23:55:08
Business
Technology

Delta Air Lines Seeks Damages Over Software Outage

Image courtesy of : AFP (MARIO TAMA)

Delta Air Lines is pursuing damages from CrowdStrike and Microsoft following a software outage that led to 6,000 flight cancellations, resulting in a $500 million loss. Despite hiring lawyer David Boies, recovering compensation may be challenging due to liability-limiting terms.

The FTC could impose fines, but individual customers may not receive damages. Delta CEO Ed Bastian aims to protect shareholders, customers, and employees from reputational harm.

CrowdStrike faces a lawsuit for a faulty update causing global outages, with potential for more legal actions. The lawsuit alleges false statements, deficient controls, and a bug leading to stock price drop.

Delta's legal battle involves various experts and legal challenges that could impact the airline's recovery efforts.

World - South China Morning Post
30. Juli 2024 um 13:12

Delta Air Lines hires lawyer to seek damages from CrowdStrike, Microsoft over software outage | South China Morning Post

Economy
Technology
Delta Air Lines hired lawyer David Boies to seek damages from CrowdStrike and Microsoft over a software outage that forced 6,000 flight cancellations. However, experts say Delta may struggle to recover compensation due to CrowdStrike's liability-limiting terms. The FTC could impose fines, but individual customers are unlikely to receive damages. Lawyers from Boies Schiller Flexner, the chair of Woods Rogers' Cybersecurity & Data Privacy practice, and analysts from Dell'Oro Group and UCLA weighed..
The Street
6. August 2024 um 19:45

What the CrowdStrike outage cost Delta TheStreet Daily Newsletter

Economy
Technology
Finance
Delta Airlines suffered $500 million in losses from a computer meltdown caused by faulty CrowdStrike and Microsoft software upgrades, forcing cancellation of over 6,000 flights; Delta has hired attorney David Boies to recoup losses and paid tens of millions in hotel vouchers; the report comes amid signs of labor market slowdown and the Federal Reserve holding interest rates steady; Delta CEO Ed Bastian is seeking to protect shareholders, customers, and employees from the reputational damage.
Yahoo News
31. Juli 2024 um 20:01

Delta CEO lashes out at CrowdStrike: This cost us $500 million and they offered us nothing

Economy
Technology
Finance
Delta CEO blasts CrowdStrike, Microsoft over $500M outage; airline seeks compensation as US Olympics sponsor with NBC broadcast rights.
Yahoo News
31. Juli 2024 um 16:29

CrowdStrike sued after update caused global outages, likely more to come

Economy
Technology
Finance
CrowdStrike, a cybersecurity firm, faces a lawsuit from the Plymouth County Retirement Association alleging false statements to inflate its stock price. Judge Pitman will preside. The lawsuit claims CrowdStrike's Falcon Sensor had deficient controls, leading to a July 19 bug causing global outages. CrowdStrike's CEO testified to Congress, and Delta sued. The bug stemmed from an error in CrowdStrike's Content Validator program, which automatically deployed the update based on trust in checks pe..
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