Mudit Gupta, Polygon Labs CISO, has verified that its systems and services are unaffected by the disruption caused by the CrowdStrike update.
On Friday, the chief information security officer (CISO) of Polygon Labs confirmed that the company utilizes CrowdStrike services. Nevertheless, he clarified that the company’s system and services were not affected, even though the global IT infrastructure experienced a disruption due to a CrowdStrike update.
CrowdStrike Services are Used by Polygon Labs
On July 19, Mudit Gupta, the CISO at Polygon Labs, announced on the X social media platform that the global outage did not impact the company. He also mentioned that the company employs Crowdstrike; however, it does not implement non-critical updates before evaluating them, which is one of the security measures it implements.
“A significant portion of the global IT infrastructure, such as airports, emergency services, and stock exchanges, is currently unavailable.” “The reason other organizations that support critical operations do not do the same is beyond my comprehension,” he concluded.
A flaw in Crowdstrike Falcon The most recent version of EDR resulted in a blue screen of death errors and failures for millions of Windows users worldwide, which affected various businesses, including airlines, railways, and stock exchanges.
Cryptocurrency, Web3 Services Are Operational Despite Global Outage
Despite the Microsoft disruption, Crypto and Web3 remain unaffected. It is important to note that Polygon networks will continue to operate as they are decentralized, even if Polygon Labs is affected.
Mudit Gupta stated that an IT incident that affects Polygon Labs will not affect Polygon networks.
Crypto exchanges and other services continue to operate online. Bybit has declared that it is unaffected by the most recent outage and has assured clients and merchants that “it is business as usual at Bybit.”
On Friday, the chief information security officer (CISO) of Polygon Labs confirmed that the company utilizes CrowdStrike services. Nevertheless, he clarified that the company’s system and services were not affected, even though the global IT infrastructure experienced a disruption due to a CrowdStrike update.
The outage serves as yet another reminder to these industries and companies that they continue to depend on Web2 for their operations, as crypto experts have cautioned. The solutions are digital assets and blockchain technology.
Anatoly Yakovenko, the co-founder of Solana Labs, stated that all Microsoft Windows devices are akin to clients connected to a massive Windows computer. “Sun Microsystems was 30 years premature!”