Connected Economy

Connected Economy
Crisis as Catalyst: What AT&T, CrowdStrike Incidents Say About Recovery Best Practices
July 24, 2024

Never let a crisis go to waste, as the adage goes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Connected Economy
Delta Reportedly Facing $500 Million Loss From CrowdStrike Outage
July 24, 2024

Delta Air Lines is reportedly facing a half-billion dollar hit after last week’s IT outage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Connected Economy
CrowdStrike: Content Update Glitch Caused Worldwide IT Crash
July 24, 2024

CrowdStrike says a glitch in test software led to last week’s massive IT outage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Connected Economy
Commerce Department to Release Rules on Connected Vehicles
July 23, 2024

The U.S. Commerce Department plans to unveil proposed regulations next month concerning connected vehicles, with a specific focus on critical software components manufactured in China and other nations deemed as adversaries. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Connected Economy
DraftKings Bringing Online Sportsbook to Washington DC
July 23, 2024

DraftKings says it plans to launch its online sportsbook in Washington, D.C. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Connected Economy
CrowdStrike Aftermath: Five Things You Need to Know
July 22, 2024

It wasn’t a hack, cyberattack or even a sophisticated scam. The chaos that hit everything from airlines to hospitals to banks on Friday (July 19) was caused by a faulty software update from security company CrowdStrike. However, security is at the top of the table...

Connected Economy
CE 100 Index Falters 0.8% as CrowdStrike Plunges on Global IT Outage
July 22, 2024

The CE 100 Index faltered 0.8% in a week that reminded us just how connected we all are — by software, hardware, and apps — and how an outage can bring things to a standstill. Get the Full Story Complete the form to unlock this...

Connected Economy
Businesses Scramble for Backup After CrowdStrike Update Hobbles IT Networks
July 19, 2024

If there ever was a day that needed a Plan B, it was Friday, July 19. Banks, airlines, hospitals, fast food chains, retailers, even the Paris Olympics, and nearly any and every business relying on a Microsoft Windows computer system found themselves grappling with a...

Connected Economy
They Said That: Notable Quotables From the Week of July 14
July 19, 2024

This week featured insights from JOOR CEO Kristin Savilia on the necessity of experiential retail for luxury brands, discussions with One Inc CEO Ian Drysdale on the digital shift in the insurance industry driven by Gen Z expectations and warnings from Intellicheck CEO Bryan Lewis...