The title misrepresents things (people are posting this everywhere with this wrong title). The satellites were not lost to the geomagnetic storm. They were lost to the atmosphere expanding from the geomagnetic storm. The title implies some kind of electronic damage from the geomagnetic storm when in fact there has been none.
When my garage flooded during a storm, can I blame the storm?
Not a very good analogy. It's more like trying lay the blame for killing a piece of electronics on lightning that hit a mile from your house when in fact it was flooded by the rain.