The Great Digital Shutdown: When Fintech Met Its Match in the Microsoft Outage
| | |

The Great Digital Shutdown: When Fintech Met Its Match in the Microsoft Outage

On July 18th, 2024, a seemingly innocuous configuration change within Microsoft Azure, the cloud computing giant’s platform, triggered a domino effect that sent shockwaves through the global financial system. What began as a minor glitch snowballed into a near 19-hour outage, crippling vital services for businesses and individuals worldwide, particularly in the rapidly evolving realm of…