Stock exchanges and clearing corporations in India were unaffected by a global outage of Microsoft systems, according to a joint statement released on Saturday. The outage had caused disruptions in various sectors, including airlines, banks, and financial institutions due to an update to an antivirus program. The Civil Aviation Minister K Rammohan Naidu stated that airline systems had started working normally and issues were expected to be resolved by noon the following day.
The Ministry is closely monitoring operations at airports and airlines to ensure travel adjustments and refunds are managed efficiently. The issue, which began on Thursday, impacted Windows users running Crowdstrike Falcon cybersecurity software. Crowdstrike has since rolled out a fix for the problem, with CEO George Kurtz personally apologizing for the disruption caused.
The global IT outage had caused significant turmoil in various sectors, but Indian stock exchanges and clearing corporations managed to operate smoothly despite the challenges faced by others. As systems start to normalize and fixes are implemented, organizations are working to address any issues that arose from the outage.
The Ministry’s proactive monitoring and support for affected sectors have helped in ensuring that disruptions are efficiently managed, with a focus on resolving issues and providing necessary assistance to those impacted. With efforts underway to address the root cause of the outage, businesses are hopeful for a swift recovery and return to normal operations.
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