Strengthening Cybersecurity in a Post-CrowdStrike World [Video]

The CrowdStrike outage in July 2024 sent shockwaves through the global business ecosystem, exposing widespread system failures within cloud-based security infrastructure. The incident, which affected millions of devices worldwide and resulted in approximately $10 billion in financial losses, highlighted the delicate balance between technological advancement and risk management in our interconnected digital landscape.

“The disruption created by CrowdStrike should serve as an eye-opener to companies across the globe,”emphasizes Sreejith Sreekandan Nair, a Vice President at a global financial institution and Independent Research Scholar who brings over 16 years of specialized experience in Identity Access Management and Cybersecurity. These lessons carry particular significance for Singapore, a nation at the forefront of digital transformation. As the country continues to advance its Smart Nation initiatives and strengthen its position as a leading tech hub in Asia, the incident serves as a timely reminder of the importance of a robust preventive framework and …