Saturday☕️

Saturday☕️

Trending:

  • Global IT Outage
  • CENTCOM Activity

Markets:

  • Yesterday’s U.S. stock market:
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  • Yesterday’s commodity market:
TradingView @1:24 PM EST
  • Yesterday’s crypto market:
TradingView @1:24 PM EST

Global IT Outage:

  • Yesterday, a routine software update from CrowdStrike, a leading cybersecurity firm, triggered a massive global technology outage, affecting numerous industries worldwide. The update, released at 04:09 UTC, contained a logic error that caused system crashes and blue screens (BSOD) on Windows systems using the Falcon sensor. This issue was not due to a cyberattack but was a result of a bug in the update. Multiple major U.S. airlines, including American, Delta, and United, grounded their flights, causing significant delays and disruptions.
  • Other industries, such as banks, stock exchanges, emergency services, hospitals, and public transit systems, also experienced severe impacts, causing widespread chaos. CrowdStrike quickly identified and remedied the issue by 05:27 UTC, though the fix took time to propagate fully. They confirmed that the problem stemmed from a faulty update to Channel File 291, which controls named pipe execution on Windows systems. Systems running Linux or macOS were unaffected. Despite the quick remediation, the outage had far-reaching effects, disrupting operations at airports worldwide, delaying flights, and impacting various other sectors.
  • CrowdStrike has committed to a thorough root cause analysis to prevent future occurrences and is providing continuous updates through their support portal. The outage extended beyond the aviation industry, hitting sectors such as banking, stock exchanges, emergency services, hospitals, and public transit systems. News organizations, including those in Australia and the UK, experienced broadcasting issues, and the Paris Olympics IT operations were also impacted.
  • Microsoft's Azure cloud service reported issues with virtual machines running Windows and the CrowdStrike Falcon agent, exacerbating the problem. As systems began to come back online, CrowdStrike's CEO, George Kurtz, apologized for the disruption and assured customers that efforts were underway to restore full functionality. The Federal Aviation Administration (FAA) monitored the situation closely, providing updates to air traffic controllers and airlines as they worked to resume normal operations.

CENTCOM Activity:

  • From July 14-17, 2024, Gen. Michael Erik Kurilla, Commander of U.S. Central Command (CENTCOM), visited Israel to engage in high-level meetings with Israeli defense and national security officials. He met with Minister of Defense Yoav Gallant, Chief of the General Staff Lt. Gen. Herzi Halevi, and key members of the Israeli Defense Forces. The discussions centered on shared intelligence assessments and the security challenges Israel faces in its southern and northern regions, as well as broader regional security concerns.
  • A significant focus was on enhancing defense and technological cooperation to strengthen Israel's security and improve deterrence against regional threats. Gen. Kurilla underscored the strategic advantages of the close U.S.-Israel military partnership. On July 18, 2024, CENTCOM forces reported the successful destruction of two surface-to-air missiles (SAM) and four uncrewed aerial vehicles (UAV) in Houthi-controlled areas of Yemen over the past 24 hours. These weapons were deemed imminent threats to U.S. and coalition forces, as well as merchant vessels in the region.
  • CENTCOM is currently one of the most active combatant commands within the U.S. Department of Defense, primarily due to its extensive operations across the Middle East and Central Asia. The command plays a crucial role in directing and enabling military operations to enhance regional security and stability, conducting numerous activities including bilateral and multilateral exercises, security cooperation, and humanitarian assistance. These efforts address threats from terrorist organizations like ISIS and Al Qaeda, as well as counter influences from adversaries such as Iran.

Statistic:

  • Largest oil and gas companies by market capitalization:
  1. 🇸🇦 Saudi Aramco - $1.835T
  2. 🇺🇸 Exxon Mobil - $520.68B
  3. 🇺🇸 Chevron - $291.05B
  4. 🇨🇳 PetroChina - $241.28B
  5. 🇬🇧 Shell - $230.94B
  6. 🇫🇷 TotalEnergies - $160.93B
  7. 🇺🇸 ConocoPhillips - $133.13B
  8. 🇨🇳 CNOOC - $130.05B
  9. 🇨🇳 Sinopec - $101.79B
  10. 🇬🇧 BP - $98.70B
  11. 🇧🇷 Petrobras - $96.33B
  12. 🇺🇸 Southern Company - $89.00B
  13. 🇦🇪 TAQA - $84.18B
  14. 🇺🇸 Duke Energy - $82.51B
  15. 🇨🇦 Enbridge - $77.96B
  16. 🇳🇴 Equinor - $75.85B
  17. 🇨🇦 Canadian Natural Resources - $75.44B
  18. 🇺🇸 EOG Resources - $74.28B
  19. 🇺🇸 Schlumberger - $70.99B
  20. 🇦🇪 ADNOC Gas - $67.07B
  21. 🇺🇸 Enterprise Products - $65.14B
  22. 🇷🇺 Rosneft - $63.41B
  23. 🇺🇸 Phillips 66 - $58.70B
  24. 🇺🇸 Marathon Petroleum - $58.19B
  25. 🇺🇸 Occidental Petroleum - $55.97B
  26. 🇺🇸 Energy Transfer Partners - $55.42B
  27. 🇷🇺 Lukoil - $54.92B
  28. 🇺🇸 Williams Companies - $53.62B
  29. 🇮🇩 Chandra Asri Petrochemical - $50.64B
  30. 🇦🇺 Tamboran Resources - $50.00B
  31. 🇮🇹 ENI - $49.64B
  32. 🇨🇦 Suncor Energy - $49.63B
  33. 🇺🇸 Sempra Energy - $49.08B
  34. 🇺🇸 Valero Energy - $48.86B
  35. 🇺🇸 Oneok - $48.71B
  36. 🇮🇳 Oil & Natural Gas - $48.04B
  37. 🇺🇸 Kinder Morgan - $47.69B
  38. 🇺🇸 Pacific Gas and Electric - $47.06B
  39. 🇺🇸 Hess - $47.02B
  40. 🇺🇸 MPLX - $44.06B
  41. 🇨🇦 TC Energy - $42.77B
  42. 🇺🇸 Cheniere Energy - $41.64B
  43. 🇷🇺 Novatek - $37.40B
  44. 🇨🇦 Cenovus Energy - $37.31B
  45. 🇦🇺 Woodside Energy - $37.30B
  46. 🇨🇦 Imperial Oil - $37.30B
  47. 🇺🇸 Diamondback Energy - $36.64B
  48. 🇺🇸 Baker Hughes - $36.09B
  49. 🇷🇺 Gazprom - $35.22B
  50. 🇺🇸 Halliburton - $30.45B
  51. 🇺🇸 Targa Resources - $30.23B

Article Links:

Encryption Explained
Encryption is a significant area of cybersecurity, an essential tool in protecting information in the age of the internet. At its core, encryption is the process of converting data or information into a code to prevent unauthorized access. This process transforms readable data, known as plaintext, into an encoded form,
AI Prompting Explained
The advent of artificial intelligence (AI) has catalyzed transformative changes across various sectors. A fundamental aspect of this revolution is AI prompting. This article will serve as a comprehensive guide to AI prompting, illustrating the importance of not only ‘what you ask’ but more importantly ‘how you ask’. We will
The Dark Web
The dark web is a complex segment of the internet, often associated with anonymity and illicit activities. This analysis delves deeply into its technological infrastructure, the nature of its security threats, and the crucial role of dark web intelligence platforms for security. The origins of the dark web are closely

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