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Microsoft Cloud Outage: How Parametric Insurance Could Have Helped Businesses

On January 25th, 2023, Microsoft experienced a major outage of a number of its products, including Azure, Microsoft Teams, and Outlook, due to a “networking configuration issue.
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Apple TV+ Experiences Widespread Downtime, Users Left Frustrated and Seeking Compensation

Apple TV+ is currently experiencing widespread downtime, with users reporting issues accessing the service on iOS devices and Macs.
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Korean Court Ruling: Bithumb Ordered to Pay Damages Over Service Outage, How Parametric Insurance Could Have Helped

The recent ruling by South Korea’s supreme court in the Bithumb service outage case highlights the need for protection for investors in the cryptocurrency market.
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Nationwide FAA system failure causes flight delays and cancellations

The FAA experienced a computer outage that caused a nationwide ground stop on January 11th, 2023, preventing flight crews from accessing safety information and causing thousands of flights to be delayed or canceled.
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Vumatel Off! Fibre Optic Outage in South-Africa

On Wednesday, fibre provider Vumatel experienced a network outage that affected services in Tableview and surrounding areas.
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Rackspace reports ransomware attack on Microsoft email servers

Rackspace, one of the world’s largest managed cloud providers, has reported that its Microsoft email servers were disrupted in a ransomware attack.
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Reliance Jio Outage - People are offline and can't call

We now know what the network issue is - the #JIO servers were overwhelmed with lots of users.
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Comcast outage! Fibre optical cables got cut again after Hurricane Ian cleanup

The large and destructive Category 4 Atlantic hurricane Ian caused massive impacts on critical infrastructure and Internet connectivity.
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The cost of cloud resilience, are there alternatives?

If you want to run cloud applications fail-safe, you have to think about their architecture.
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Day-long outage of Chase UK cloud-native bank requires new regulatory rules

On Oct 04, 2022 - 12:21 BST, Chase online services reported issues with “logging in, completing online card payment security checks and navigating the app.