Here's What the CrowdStrike Outage Can Teach Investors About Black Swan Events

Over the last week, the technology sector has been taken over by one singular storyline -- and for once, it doesn't revolve around artificial intelligence (AI).

Last week, investors were shocked to see shares in cybersecurity company (NASDAQ: CRWD) suddenly fall off a cliff.

News quickly circulated that CrowdStrike suffered a widespread outage following a bug in its recent software update. While bugs are fairly common in software development, the CrowdStrike situation has been particularly problematic due to the company's widespread reach -- spanning a reported 30,000 subscribers.

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Source Fool.com