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DEVELOPING Bank of Canada expected to deliver second consecutive rate cut today
The Bank of Canada is set to announce its interest rate decision this morning as economists widely expect a rate cut.
Crowdstrike is blaming a bug in an update that allowed its cybersecurity systems to push bad data out to millions of customer computers, setting off last week's global tech outage that grounded flights, took TV broadcasts off air and disrupted banks, hospitals and retailers.
Crowdstrike also said it would take measures in the future to prevent similar outages, including staggering the rollout of updates, giving customers more control over when and where they occur, and providing more details about the updates that it plans.
The company on Wednesday posted details online from its “preliminary post incident review ” of the outage, which caused chaos for the many businesses that pay for the cybersecurity firm's software services.
The problem involved an “undetected error” in the content configuration update for its Falcon platform affecting Windows machines, the Texas company said.
A bug in the content validation system allowed “problematic content data” to be deployed to Crowdstrike's customers. That triggered an “unexpected exception” that caused a Windows operating system crash, the company said.
CrowdStrike has said a “significant number” of the approximately 8.5 million computers that crashed on Friday, causing global disruptions, are back in operation as customers and regulators await a more detailed explanation of what went wrong.
Once its investigation is complete, Crowdstrike said that it will publicly release its full analysis of the meltdown.
The outage caused days of widespread technological havoc, highlighted how much of the world depends on a few key providers of computing services and drawn the attention of regulators who want more details on what went wrong.
The Bank of Canada is set to announce its interest rate decision this morning as economists widely expect a rate cut.
An analyst and an assistant coach with Canada Soccer are being removed from the Canadian Olympic Team and 'sent home immediately,' according to the Canadian Olympic Committee.
Foreign governments say hundreds of thousands of people in Bangladesh and Sri Lanka lost savings to a company headquartered in Canada. This investigation from the IJF and CTV News shines a new light on how Canadian shell companies and registries were used to pull off the scheme.
A local law enforcement commissioner revealed during a House Homeland Security hearing on Tuesday stunning new details about the security failures that led to the near assassination of Donald Trump, raising more questions for the embattled U.S. Secret Service.
Salt Lake City was awarded the 2034 Winter Olympic Games on Wednesday following a vote of the International Olympic Committee.
A plane crashed Wednesday just after taking off from Nepal’s capital, killing 18 people and injuring a pilot who was the lone survivor.
There are some laws in popular tourist destinations around the world that could land Canadian travellers in mild-to-serious trouble if they're not careful. Don't let these local laws land you in hot water during your next vacation abroad.
Toronto has a special place in Hugh Jackman's heart. During an exclusive interview with Etalk in front of dozens of fans gathered in the parking lot of 299 Queen Street West on Tuesday, the Australian actor shared that the city was where his Wolverine journey began.
A 'frosty' fall is in store for Ontario, according to a newly released forecast from the Old Farmers’ Almanac.
A cat who fled her Montreal home nearly a decade ago has been reunited with her family after being found in Ottawa.
A woman in Waterloo, Ont. is out thousands of dollars for a car crash she wasn’t involved in.
A swarm of bees living in a lamppost in Winnipeg’s Sage Creek neighbourhood has found a new home for its hive.
Around 100 acres of Manitoba Crown Land near the Saskatchewan border is being returned to the Métis community.
Nova Scotia is suspending the licensed Cape Breton moose hunt for three years due to what the province is calling a “significant drop” in the population.
A well-known childhood prank known as 'nicky nicky nine doors,' or 'ding dong ditch,' has escalated into a more serious game that could lead to charges for some Surrey, B.C. teens.
It's been more than a month since their good friend was seriously hurt in an accident and two teens from Riverview, N.B., are still having a hard time dealing with it.
Halifax bridges have collected thousands of coins from around the world.
A donated clawfoot bathtub has become the preferred lounging spot for a pair of B.C. grizzly bears, who have been taking turns relaxing and reclining in it – with minimal sibling squabbling – for the past year.