Saudi Arabia’s Insurance Authority has confirmed that the country’s insurance sector was unaffected by the massive global tech outage on July 19. The Authority stated that it and the sector’s systems were not impacted, and that they apply the highest technical and operational standards in accordance with global best practices. A software update by CrowdStrike caused the outage, hitting users such as airports, hospitals, and banks, but a fix has since been issued. The incident highlights the importance of robust cybersecurity measures in the insurance industry.
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