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Reading: Polygon Labs Avoids Issues from CrowdStrike Update
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COINTURK NEWS > Polygon (MATIC) > Polygon Labs Avoids Issues from CrowdStrike Update
Polygon (MATIC)

Polygon Labs Avoids Issues from CrowdStrike Update

In Brief

  • Polygon Labs avoided issues from the CrowdStrike update affecting global sectors.

  • Gupta credited their strict update protocols for their success.

  • The outage highlighted the need for transitioning to decentralized Web3 technologies.

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COINTURK NEWS 10 months ago
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Polygon Labs’ Information Security Director Mudit Gupta announced that their systems were unaffected by the CrowdStrike update, which impacted various sectors globally. The update to CrowdStrike’s Falcon Endpoint Detection and Response (EDR) software caused blue screen errors and system crashes for millions of Windows users, affecting critical infrastructures like airlines, railways, and exchanges. However, Polygon Labs managed to avoid these issues.

Contents
Polygon Labs Unaffected by CrowdStrike UpdateGlobal Outage Exposed Security Flaws in Web2 TechnologiesUnaffected During the Outage

Polygon Labs Unaffected by CrowdStrike Update

Gupta emphasized that despite using CrowdStrike services, Polygon Labs avoided the problems that troubled other organizations.

He attributed their success to their strict protocols of not deploying non-critical updates without thorough testing. Gupta expressed surprise that other companies did not adopt similar preventive measures.

Global Outage Exposed Security Flaws in Web2 Technologies

The impact of the CrowdStrike error highlighted the security vulnerabilities in the current IT infrastructure, which still heavily relies on Web2 technologies. This incident was seen as a strong argument for industries to transition to more resilient and decentralized Web3 technologies.

Unlike traditional IT infrastructures, the decentralized nature of Blockchain networks like Polygon ensures continuity even if some supporting services are affected.

Unaffected During the Outage

During the outage, crypto and Web3 services largely remained operational. For example, Bybit, a leading cryptocurrency exchange, assured its users that its operations were unaffected by global IT issues. Gupta noted that even if Polygon Labs were affected by such an event, the decentralized architecture of the Polygon network would ensure smooth operation.

This outage exposed the fragility of centralized systems. Experts in the cryptocurrency field reiterated that industries should adopt Blockchain and cryptocurrencies as more robust alternatives. Solana Labs co-founder Anatoly Yakovenko compared all Microsoft Windows machines to clients connected to a massive, singular Windows computer, emphasizing that the nature of current systems is already outdated.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 19 July, 2024 - 4:10 pm 19 July, 2024 - 4:10 pm
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