News Archive – CEO David Russell comments on CrowdStrike outage – Irish Independent, July, 2024

David Russell, CEO of Elio Networks, commented on the likelihood of another major IT outage, stating that in the current technology environment, a similar large-scale event is “highly likely” to happen again. He identified a key issue as the insufficient presence of meaningful IT backups in many large organizations. According to Russell, the heavy reliance on software within major organizations contributes to the vulnerability, increasing the risk of future disruptions. His remarks highlight a lack of robust contingency measures and the potential for repeating similar outages.