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CrowdStrike outage causes $5.4B loss to Fortune 500 firms

ISTANBUL: The recent global technology outage triggered by cybersecurity firm CrowdStrike caused an estimated loss of $5.4 billion to Fortune 500 companies, according to a report by the insurance firm Parametrix released on Thursday.

The losses cause…

Total deposits show decrease, loans up in June

Total deposits in June 2024 recorded a net decrease of pound 44.1 million, compared with a net increase of pound 925.7 million in May 2024, the Central Bank of Cyprus Monetary Financial Institutions (MFIs) Deposits and Loans Statistics for June says, …