Indian Financial Systems Remain Largely Unaffected From Microsoft Outage

A widespread Microsoft outage disrupted flights, banks, media outlets and companies around the world on Friday.

The Indian financial and payments systems remained largely unaffected by the Microsoft services outage, though about 10 banks and NBFCs faced minor disruptions which have either been resolved or are being fixed.

A widespread Microsoft outage disrupted flights, banks, media outlets and companies around the world on Friday. Escalating disruptions continued hours after the technology company said it was gradually fixing an issue affecting access to Microsoft 365 apps and services.

A new CrowdStrike (cybersecurity software firm) update is being cited as the cause of the outage, which has impacted Windows-based desktop and laptops.