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At the time of the incident, CrowdStrike said it had more than 24,000 customers, [42] including nearly 60% of Fortune 500 companies and more than half of the Fortune 1000. [43] [44] On 20 July, Microsoft estimated that 8.5 million devices were affected by the update, which it said was less than one percent of all Windows devices. [1]
According to Forbes, Kurtz’s net worth had dropped $300 million as of Friday afternoon—from $3.2 billion to $2.9 billion–amid fallout from the IT outage.The CEO’s wealth is enmeshed with ...
CrowdStrike shares closed on Wednesday down $1.69 at $231.96. They closed at $343.05 on the day before the outage. The case is Plymouth County Retirement Association v CrowdStrike Inc et al, U.S ...
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.
George Kurtz (born October 14, 1970) is an American businessman. He is the CEO and founder of the cybersecurity technology company CrowdStrike, and the founder and former CEO of Foundstone, a worldwide security products and anti-virus software company. [2]
By May 2017, CrowdStrike had received $256 million in funding from Warburg Pincus, Accel Partners, and Google Capital and its stock was valued at just under $1 billion. [15] In June 2019, the company made an initial public offering on the NASDAQ, which valued the company at over $10 billion. [16] [17]
Security experts said CrowdStrike's routine update of its widely used cybersecurity software, which caused clients' computer systems to crash globally on Friday, apparently did not undergo ...
CrowdStrike's legal troubles from last month's massive global computer outage deepened on Monday, as the cybersecurity company was sued by air travelers whose flights were delayed or canceled. In ...