The outage was caused by errors in an update of the Falcon security platform by information security solutions provider CrowdStrike, as the company later explained. Interestingly, the update was ...
CrowdStrike's current valuation remains attractive, offering significant upside potential as it continues to recover and grow after the July outage. The estimated cost of global cybercrime is ...
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) updated investors with its Investor Briefing in September. This is the crux of the takeaway. CrowdStrike is starting to see some level of renegotiations ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
CrowdStrike Holdings Inc. (CRWD) is one of the leaders in cybersecurity, providing cloud-based solutions to protect organizations against cyber threats. As businesses increasingly shift online ...
Last fall, George Kurtz, the chief executive officer of CrowdStrike Holdings, Inc., gave investors a quarterly financial update that sent shares soaring. Among the details Kurtz highlighted was a ...
Delta Air Lines filed a lawsuit Friday against cybersecurity software company CrowdStrike, pointing to the global tech outage in July that caused flight disruptions and significant profit loss for ...
Delta Air Lines has filed a lawsuit against CrowdStrike, blaming a software update for a global outage in July. The incident led to the cancellation of 7,000 flights and impacted 1.3 million ...
Delta Air Lines Inc. sued cybersecurity firm CrowdStrike Holdings Inc. over the chaos caused this summer by a “catastrophic” software update that disabled millions of computers worldwide and ...
The lawsuit accuses CrowdStrike of gross negligence, and Delta claims that the outage reduced revenue by $380 million. The airline is seeking damages to cover its losses, along with litigation ...
Delta claims in its lawsuit that it took a $380 million loss and was forced to pay $170 million in costs resulting from the massive wave of flight cancelations due to the CrowdStrike outage.