GoKawiilDigital Disruptions Cause Major Supply Chain and Economic Losses
A 2024 cybersecurity incident involving CrowdStrike software led to a global IT outage, disrupting flights, hospitals, and payment systems, and resulting in $5.4 billion in losses for top US firms. Additionally, a 2025 blackout in Spain and Portugal halted internet and electronic payments, costing €1.6 billion. These events highlight how digital failures can have widespread economic impacts without physical damage.