Crowdstrike outage: IT outages reported across globe as airlines, airports, banks and media companies experience disruptions [Video]

A wave of IT outages swept across the globe Friday morning, causing thousands of flight cancellations and stalling internal and external systems across a variety of industries including hospitals, banks, stock exchanges and other institutions, as some Microsoft-based computers ceased to work.

CrowdStrike — an American cybersecurity technology firm that provides cloud workload protection, threat intelligence and cyberattack response services — said the outage is not a due to a cyber attack; it was caused by a software issue that has been identified and a fix had been deployed.

Some systems can be fixed and back up and running immediately — but for others it “could be hours, could be a bit longer” before everything is back up and running, CrowdStrike CEO George Kurtz told CNBC in an on-air interview. For some customers, it will take more than rebooting systems to work through fixes.

“CrowdStrike is actively working with customers …