There are reports of IT outages affecting major institutions in Australia and internationally.
All our servers and company laptops went down at pretty much the same time. Laptops have been bootlooping to blue screen of death. It's all very exciting, personally, as someone not responsible for fixing it.
Apparently caused by a bad CrowdStrike update.
Edit: now being told we (who almost all generally work from home) need to come into the office Monday as they can only apply the fix in-person. We'll see if that changes over the weekend...
Those things never worked for me... Problems always persisted or it failed to apply the restore point. This is from the XP and Windows 7 days, never bothered with those again. To Microsoft's credit, both W7 and W10 were a lot more stable negating the need for it.
I can't say about XP or 7 but they've definitely saved my bacon on Win10 before on my home system. And the company I work for has them automatically created and it made dealing with the problem much easier as there was a restore point right before the crowdstrike update. No messing around with the file system drivers needed.
I'd really recommend at least creating one at a state when your computer is working ok, it doesn't hurt anything even if it doesn't work for you for whatever reason. It's just important to understand that it's not a cure all, it's only designed to help with certain issues (primarily botched updates and file system trouble).