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Microsoft meltdown will cost global economy TRILLIONS & it ‘could drag on for weeks’

THE Microsoft meltdown will cost the global economy trillions and could drag on for weeks, experts have warned.

The IT outage caused worldwide chaos on Friday after an error by cyber security firm Crowdstrike hit Microsoft systems.

The outage sparked travel chaos and lengthy queues at Gatwick Airport Friday morningDeli Airport has been experiencing issues with their flight information boardsA Crowdstrike update is believed to be behind the outage

The estimated global cost of internet disruption for 20 hours is a massive $24billion – or £18billion.

One expert branded the meltdown the “most serious IT outage the world has ever seen”.

Another claimed the cost to the global economy – on one of the busiest days for travel since Covid – was set to run into the trillions.

Industry expert Adam Smith of BCS, the Chartered Institute for IT, warned that it could even take “weeks” for all…

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