> Chances if Microsoft or Crowdstrike will be held liable for financial losses caused by this outage?
Zero. Exactly Zero.
Clearly you have never been involved in buying insurance or writing contracts for IT products/services.
Loss of contracts, profits, goodwill, economic loss, loss of data and all that jazz is excluded in whole or limited to a fixed monetary value.
It is known as indirect, consequential or special loss, damage or liability.
No lawyer worth their salt will let an IT product/service company draft a contract that does not have the above type of clause..
And good luck finding an insurance contract that will pay out for such losses, indeed most of them have conditions that state your contracts with customers must exclude or limit such losses.
Most software also has clauses excluding use in safety critical environments.
Zero. Exactly Zero.
Clearly you have never been involved in buying insurance or writing contracts for IT products/services.
Loss of contracts, profits, goodwill, economic loss, loss of data and all that jazz is excluded in whole or limited to a fixed monetary value.
It is known as indirect, consequential or special loss, damage or liability.
No lawyer worth their salt will let an IT product/service company draft a contract that does not have the above type of clause..
And good luck finding an insurance contract that will pay out for such losses, indeed most of them have conditions that state your contracts with customers must exclude or limit such losses.
Most software also has clauses excluding use in safety critical environments.