In this episode of Security Squawk, we discuss the global disruptions caused by a recent CrowdStrike update that triggered widespread system outages affecting millions. From airlines to hospitals, we'll explore the extensive implications of this incident and discuss cybersecurity resilience in an interlinked world.

Join us as we break down the technical mishaps, the financial fallout, and the lessons we must learn to safeguard against future crises.

In this episode, we dive into the aftermath of the AT&T hacking incident that affected millions, sparking a class-action lawsuit and raising significant privacy concerns. We'll also explore updates on cyber incidents affecting Patelco Credit Union and UnitedHealth Group, highlighting the escalating costs of cybersecurity breaches and their broader impact on industries and consumers.

This week on Security Squawk, we discuss the contentious debate surrounding ransomware payments. Should they be banned? We unpack insights from top cybersecurity leaders and explore the potential impacts of such a ban on businesses and the economy. Join us as we dissect the arguments for and against making ransomware payments a punishable offense, and discuss alternative strategies for combating these cyber threats.