A technical problem with Cloudflare has affected part of theweb, including websites of serval brokers, among them Monaxa, Skilling.com, Xtrade, Fxpro, among others. Theoutage occurred on Tuesday and affected almost every industry, including the services of Twitter,ChatGPT, and most crypto sites.But why is Cloudflare so important? First, it is the basisfor many of the important technologies that support today’s online experiences.This encompasses all the tools that protect websites and ensure they remainonline amid high traffic.“Cloudflare is aware of, and investigating an issue whichpotentially impacts multiple customers,” the company said. “Further detail willbe provided as more information becomes available”.Cloudflare Shares DropBesides individual firms experiencing downtimes, the outage has also affected the stock of Clouflare, listed on the NYSE. The stock was down 5% on premarket on Tuesday.Commenting about the outage, Ran Strauss, Leverate’s CEO,said: “At Leverate, we view Cloudflare not merely as a CDN provider, but as acritical component in the security infrastructure of any serious FX & CFDbroker.”“Today’s global outage perfectly illustrates the point we’vebeen making to our clients for years: protection at this level is a necessity,not an option. Incidents of this magnitude are extremely rare, but when they dooccur, the entire industry including Cloudflare itself - learns from them.”Expect ongoing updates as this story evolves.This article was written by Jared Kirui at www.financemagnates.com.