Data reveals at least 674,000 enterprise
customers at risk of disruption globally
ARLINGTON, Va., July 19,
2024 /PRNewswire/ -- Interos, the AI supply chain
risk intelligence company, today released a comprehensive analysis
of the CrowdStrike outage on enterprise customers, revealing the
incident's far-reaching consequences on international trade and
business operational ecosystems.
The data shows the impact extends far beyond CrowdStrike's and
Microsoft's immediate enterprise customers, potentially affecting
millions of additional organizations who rely on Microsoft's O365
software. The outage involved a CrowdStrike update which the
company subsequently resolved.
Key Findings:
- The outage impacted 674,620 direct (tier-1) enterprise
customers of either Microsoft or CrowdStrike
- 41% of affected entities were in the U.S., with significant
impact across Europe
- When analyzing extended supply chain relationships (tier-3),
this figure expands to over 49 million additional customer
relationships at risk for potential operational disruptions
- Major closures and delays occurred at ports and air freight
hubs worldwide, including temporary shutdowns at ports from
New York to Rotterdam
- Air freight was severely affected, with thousands of flights
grounded or delayed at major hubs in Europe, Asia,
and North America
- The outage exacerbates existing supply chain challenges amid
rising global demand and freight costs
The analysis highlights the vulnerability of interconnected
global supply chains and the potential long-term economic
implications. Analysts are concerned it may be weeks before
airlines and freight companies are fully back in service.
"This incident is a stark reminder of the fragility of our
interconnected global economy," said Ted
Krantz, CEO of Interos. "Our analysis demonstrates the
critical need for anticipation and speed in supply chain risk
management. Considering the scale of this incident, organizations
must be extra vigilant as bad actors may have taken the opportunity
to access secure systems over the last 24 hours, meaning this
single incident may evolve into a new series of vulnerabilities
weeks or months from now."
The report also details the extensive industry ripple effect
beyond technology and airlines – with multiple manufacturing
sectors, including electronics and semiconductor production, and
professional services, experiencing disruptions. Additionally, the
widespread use of the affected software by U.S. state and local
governments raises concerns about potential impacts on public
services and cybersecurity.
Interos' data shows ongoing supply chain disruptions cost
enterprises $100 million in annual
losses on average. The company's critical risk intelligence
platform helps companies mitigate the financial impacts of
multi-tier risks by continuously mapping and monitoring extended
supply chains at speed and scale.
View the full report HERE.
For more information about the outage impact analysis or to
learn how Interos can help protect your supply chain, visit
www.interos.ai.
About
Interos is the AI supply chain risk intelligence
company – building the most trusted and transparent supply chains
in the world. Our pioneering discovery and monitoring intelligence
spans the lifecycle of supply chain risk, enabling faster and more
informed threat mitigation. As the world's first, and only,
automated supplier intelligence platform, we continuously map and
monitor extended supply chains at speed and scale to protect
organizations from regulatory fines, unethical labor,
cyber-attacks, and other systemic vulnerabilities. Interos serves a
variety of commercial, government, and public sector customers
around the world including a host of Global Fortune 500 companies
and from within the members of the Five Eyes nations.
www.interos.ai.
Contact : media@interos.ai
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SOURCE Interos