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The case is Plymouth County Retirement Association v CrowdStrike Inc et al, U.S. District Court, Western District of Texas, No. 24-00857. (Reporting by Jonathan Stempel in New York; Editing by ...
Monday's case is del Rio et al v CrowdStrike Inc, U.S. District Court, Western District of Texas, No. 24-00881. (Reporting by Jonathan Stempel in New York; Editing by Marguerita Choy)
Delta's lawsuit filed in Fulton County Superior Court called the faulty software update from CrowdStrike "catastrophic" and said the firm "forced untested and faulty updates to its customers ...
On 19 July at 04:09 UTC, CrowdStrike distributed a faulty configuration update for its Falcon sensor software running on Windows PCs and servers. A modification to a configuration file which was responsible for screening named pipes, Channel File 291, caused an out-of-bounds memory read [14] in the Windows sensor client that resulted in an invalid page fault.
Delta said CrowdStrike is liable for over $500 million in out-of-pocket losses as well as for an unspecified amount of lost profits, expenditures, including attorneys’ fees and “reputational ...
Cybersecurity firm CrowdStrike said on Monday it sued Delta Air Lines in U.S. District Court in Georgia after a faulty software update prompted a global outage in July. CrowdStrike said it sued to ...
CrowdStrike has released a fix for its software and is actively pushing it out to customers. But that doesn’t mean every company will get back online right away.
CrowdStrike's price-to-sales (P/S) ratio has fallen from a nosebleed 29 down to 16. As shown in the chart below, it is closing in on its valuation during the stock market's 2023 lows.