The outage was caused by an update to a piece of software run by US cybersecurity firm CrowdStrike. Photo: SEM VAN DER WAL / AFP
The cybersecurity company was founded in 2011, with goals to safeguard the world's largest companies and their hardware from cyber threats.
The company specialises in endpoint security protection. Basically, it stops malicious software or files from infiltrating computer networks. It also protects the servers companies store data on, which is increasingly happening through the cloud.
They're a highly trusted company, to the extent the US Democratic National Committee called them in 2016 to investigate a breach of their computer network.
Dan Ives is with Wedbush Securities.
