Republican representatives call on CrowdStrike CEO George Kurtz to testify

Republican representatives call on CrowdStrike CEO George Kurtz to testify


Passengers seen waiting after a major disruption in Microsoft Corp.’s cloud services caused widespread flight cancellations and delays at T3 IGI Airport in New Delhi, India, on July 19, 2024.

Vipin Kumar | Hindustan Times | Getty Images

Republican representatives on Monday called on CrowdStrike CEO George Kurtz to testify in front of the House Committee on Homeland Security, days after the company issued a faulty software update that crashed millions of Microsoft Windows devices.

Rep. Mark Green, R-Tenn., chairman of the Committee on Homeland Security, and Rep. Andrew Garbarino, R-N.Y., chairman of the Subcommittee on Cybersecurity and Infrastructure Protection, said the incident serves as a broad “warning about the national security risks associated with network dependency,” according to a letter Monday.

The outage caused disruptions across “key functions” of the global economy, including banking, aviation, health care, emergency services and media, the lawmakers said. Thousands of flights in the U.S. have been delayed and canceled, and many health systems across the country had to reschedule appointments and nonemergent procedures.

Shares of CrowdStrike closed down more than 13% on Monday.

“Recognizing that Americans will undoubtedly feel the lasting, real-world consequences of this incident, they deserve to know in detail how this incident happened and the mitigation steps CrowdStrike is taking,” Green and Garbarino wrote.

Kurtz said Friday that the outage was not a cyberattack or security incident, and CrowdStrike deployed a fix that day. Even so, the lawmakers said the country needs to learn from Friday’s disruption and make sure it “does not happen again.”

Green and Garbarino asked CrowdStrike to set up a hearing with the Subcommittee on Cybersecurity and Infrastructure Protection by Wednesday at the latest.

CrowdStrike and Microsoft did not immediately respond to CNBC’s request for comment.

Don’t miss these insights from CNBC PRO



Source

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says
Technology

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says

CNBC’s Jim Cramer suggested Wall Street is too fixated the on large valuations of certain tech and speculative stocks, chalking up Tuesday’s market-wide decline in part to Palantir‘s nearly 8% loss despite strong earnings results. “The larger issue is that we’re at the moment where money managers, when asked if the market’s too expensive, immediately […]

Read More
Trump renominates Musk ally Jared Isaacman to run NASA months after withdrawal
Technology

Trump renominates Musk ally Jared Isaacman to run NASA months after withdrawal

Jared Isaacman, U.S. President Donald Trump’s nominee to be administrator of the National Aeronautics and Space Administration (NASA) testifies during a Senate Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, D.C., U.S., April 9, 2025. Ken Cedeno | Reuters President Donald Trump has renominated Jared Isaacman to run NASA after pulling his prior […]

Read More
Pinterest shares plummet 15% on earnings miss, weak forecast
Technology

Pinterest shares plummet 15% on earnings miss, weak forecast

Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters Pinterest shares tanked as much as 15% on Tuesday after the company reported third-quarter financial results that missed on earnings per share and provided weak guidance. Here’s how the company did, compared […]

Read More