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Major News for CrowdStrike Investors. Until July, shares of CrowdStrike Holdings (NASDAQ: CRWD) were flying high, having gained more than 50% since the start of the year. And that was part of a ...
Per the chart above, investors can see that between the beginning of July and the initial reporting about the company's glitch, CrowdStrike lost roughly $20 billion in market cap.
Should investors consider buying this cybersecurity stock? CrowdStrike's latest results indicate that it may be able to manage the fallout of the July 19 incident.
Contents. 2024 CrowdStrike incident. On 19 July 2024, American cybersecurity company CrowdStrike distributed a faulty update to its Falcon Sensor security software that caused widespread problems with Microsoft Windows computers running the software.
Beginning on July 19, 2024, investors learned about critical issues with CrowdStrike’s technology when a single update pushed by CrowdStrike caused outages for millions of users of Microsoft Windows devices worldwide, including financial institutions, government entities, and corporations.
CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
CrowdStrike chaos could prompt rethink among investors, customers. By Martin Coulter. LONDON (Reuters) - American cybersecurity company CrowdStrike became a household name for all the wrong ...
Two months on from the global IT outage on 19 July, its full impact is only now becoming apparent. A rogue software update by the US cybersecurity company CrowdStrike crippled up to eight and half ...