Polygon Labs CISO Confirms CrowdStrike Use, Systems Unaffected

Polygon Labs chief information security officer (CISO) on Friday confirmed the company uses CrowdStrike services. However, he cleared that the company’s system and services were not impacted while the world’s IT infrastructure suffered an outage due to a CrowdStrike update.

Polygon Labs Uses CrowdStrike Services

Mudit Gupta, CISO at Polygon Labs, took to X social media platform on July 19 to confirm that they weren’t affected by the global outage. He said the company also uses Crowdstrike, but the company doesn’t roll out non-critical updates before testing, a few of the measures the company takes for security.

“A good chunk of the world’s IT infrastructure is down right now, including emergency services, airports, and stock exchanges. Why other companies supporting critical operations don’t do that is beyond my understanding,” he added.

A bug in Crowdstrike falcon EDR’s latest version caused blue screen of death errors and crashes for millions of Windows users globally, impacting airlines, railways, stock exchanges, and more businesses.

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Crypto and Web3 Services Online Amid Global Outage

Crypto and Web3 remain unfazed by the Microsoft outage. Notably, even if Polygon Labs get impacted, Polygon networks will continue to run as it is decentralized.

“Even if Polygon Labs get affected in such an IT incident, nothing will be impacted on Polygon networks, said Mudit Gupta.

Crypto exchanges and other services remain online. Bybit announced it’s unaffected by the latest outage and assures clients and traders that “it’s very much business as usual at Bybit.”

Crypto experts warned industries are still reliant on Web2 for business and the outage is another wake-up call for these companies and industry. Blockchain and digital assets are the solutions.

Solana Labs co-founder Anatoly Yakovenko said all Microsoft Windows machines are just similar to clients plugged into one giant Windows computer. “Sun Microsystems was 30 years too early!”

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

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