Mark Zuckerberg set back by nearly $7 bn in Facebook, WhatsApp, Instagram global outage

Mark Zuckerberg set back by nearly $7 bn in Facebook, WhatsApp, Instagram global outage

FPJ Web DeskUpdated: Tuesday, October 05, 2021, 11:53 AM IST
article-image
Facebook clarified in a blog post when services were restored that there was no evidence of user data being compromised as a result of this downtime. |

On Monday, Facebook, Instagram and WhatsApp faced a global outage with users unable to logging on to these digital platforms.

According to a Bloomberg report, Zuckerberg also slipped to the 5th spot in the billionaires’ list after Facebook stocks plunged due to the global outage. Zuckerberg, with a total wealth of $121.6 billion, has fallen behind Bill Gates.

Facebook in a late evening blog post blamed a "faulty configuration change" for a nearly six-hour outage on Monday that prevented the company's 3.5 billion users from accessing its social media and messaging services such as WhatsApp, Instagram and Messenger. It said, "This disruption to network traffic had a cascading effect on the way our data centers communicate, bringing our services to a halt."

When services were restored, the blog post reiterated: We want to make clear at this time we believe the root cause of this outage was a faulty configuration change. We also have no evidence that user data was compromised as a result of this downtime.

By the time the services were restored, Facebook had incurred an estimated total lost revenues of roughly $99.75 million, accordinng to Fortune estimates.

Commenting on the Facebook, Instagram, WhatsApp disrupton of services, Lotem Finkelstenn, Head of Threat Intelligence at Check Point Software Technologies, said: “While it might look like a colossal failure in all those services and apps, the reason is probably a DNS service they all use to route their pages and service to our devices. So, what is DNS?! Simply, it is the internet protocol to convert the words we use like Facebook.com to language computers know - numbers, or internet address. They do the conversion and route us to the services and applications we asked to use. When this service falls, the services look like they are down, but actually just now accessible.”

RECENT STORIES

Budget 2026 On Feb 1: Sitharaman To Present 9th Straight Budget With Focus On Growth, Tax Relief &...
Budget 2026 On Feb 1: Sitharaman To Present 9th Straight Budget With Focus On Growth, Tax Relief &...
Ambuja Cements Net Profit Crashes To ₹204 Crore In Q3, Revenue Jumps 21% YoY To ₹5,909 Crore
Ambuja Cements Net Profit Crashes To ₹204 Crore In Q3, Revenue Jumps 21% YoY To ₹5,909 Crore
Inside India’s Long Road To Becoming An Investor Nation
Inside India’s Long Road To Becoming An Investor Nation
Colgate-Palmolive India Q3 FY26 Net Profit Edges Up 0.3% To ₹323.86 Crore Amid Labour Code Impact
Colgate-Palmolive India Q3 FY26 Net Profit Edges Up 0.3% To ₹323.86 Crore Amid Labour Code Impact
RailTel Secures ₹94.2 Crore Surveillance Systems Order From Modern Coach Factory For LHB Coaches...
RailTel Secures ₹94.2 Crore Surveillance Systems Order From Modern Coach Factory For LHB Coaches...