CrowdStrike Holdings Inc

CrowdStrike update that caused global outage likely skipped checks, experts say
Technology

CrowdStrike update that caused global outage likely skipped checks, experts say

A general view from Dusseldorf Airport as passengers gather and wait due to the global communications outage caused by CrowdStrike, which provides cyber security services to US technology company Microsoft, on July 19, 2024 in Dusseldorf, Germany.  Hesham Elsherif | Anadolu | Getty Images Security experts said CrowdStrike’s routine update of its widely used cybersecurity software, […]

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Stocks making the biggest moves midday: CrowdStrike, Plug Power, Comerica and more
Finance

Stocks making the biggest moves midday: CrowdStrike, Plug Power, Comerica and more

Check out the companies making headlines in midday trading. CrowdStrike – The stock fell more than 10% after an update by the cybersecurity firm caused a major IT outage that affected airlines, hospitals, financial services firms and other businesses . Shares of Microsoft were also marginally lower following the news that many Microsoft users around […]

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CrowdStrike IT outage hits global supply chain, with air freight facing days or weeks to recover
World

CrowdStrike IT outage hits global supply chain, with air freight facing days or weeks to recover

Picture Alliance | Picture Alliance | Getty Images The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at U.S. and global ports, with highly complex air freight systems suffering the heaviest hit, according to logistics experts, as global airlines grounded flights. “Planes and cargo are […]

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An options trade on CrowdStrike as shares tank on the outage
World

An options trade on CrowdStrike as shares tank on the outage

From investors to airline travelers, many Americans are being forced to deal with the fallout of this giant IT outage . One-time cybersecurity darling Crowdstrike (CRWD) is getting the blame. As a trader, I want to utilize the acute volatility in this historic mishap as an opportunity to produce income and potentially own the cybersecurity […]

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Stock exchanges operating normally, issue with FTSE Russell indexes resolved amid global outage
World

Stock exchanges operating normally, issue with FTSE Russell indexes resolved amid global outage

A trader works on the floor at the New York Stock Exchange on July 3, 2024. Brendan Mcdermid | Reuters A massive IT outage that is causing unprecedented global disruptions isn’t holding up business as usual in most parts of the financial markets, though one index provider did experience complications. Officials at both the New […]

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Stocks making the biggest premarket moves: CrowdStrike, American Express, SLB, Travelers and more
Finance

Stocks making the biggest premarket moves: CrowdStrike, American Express, SLB, Travelers and more

Check out the companies making the biggest moves in premarket trading: CrowdStrike — Shares plunged nearly 13%, paring some of its earlier losses, after an update from the cybersecurity company caused a major IT outage impacting businesses around the globe. Microsoft — The tech giant slipped 1.6% after being hit with widespread tech outages from […]

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How a software update caused one of the world’s biggest IT blackouts
World

How a software update caused one of the world’s biggest IT blackouts

George Kurtz, co-founder and CEO of CrowdStrike Inc., speaks during the Montgomery Summit in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images A fault with an update issued by cybersecurity company CrowdStrike led to a cascade effect among global IT systems Friday, with industries ranging from banking to airlines facing outages. Banks […]

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Microsoft, CrowdStrike shares fall in premarket trading after major outage hits businesses worldwide
World

Microsoft, CrowdStrike shares fall in premarket trading after major outage hits businesses worldwide

CrowdStrike makes software to help firms manage their security in IT environments. Sopa Images | Lightrocket | Getty Images Cybersecurity firm CrowdStrike saw its shares plunge Friday, after an update led to a major outage, impacting businesses across the world. Shares of the company, which makes software to help firms manage their security in IT […]

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Cybersecurity giant Crowdstrike suffers major outage affecting businesses around the world
World

Cybersecurity giant Crowdstrike suffers major outage affecting businesses around the world

In this photo illustration, CrowdStrike logo of a U.S. cybersecurity technology company is seen on a smartphone and a pc screen. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Cybersecurity firm Crowdstrike suffered a major outage on Friday, the company told NBC, impacting businesses globally. The outage resulted from an issue with the […]

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AT&T’s massive information breach deepens disaster for Snowflake seven months just after hack was disclosed
Technology

AT&T’s massive information breach deepens disaster for Snowflake seven months just after hack was disclosed

Sridhar Ramaswamy, CEO of Snowflake and formerly co-founder and CEO of startup Neeva, speaks at the Collision conference in Toronto on June 21, 2022. Eóin Noonan | Sportsfile | Collision | Getty Illustrations or photos Snowflake has spent the previous seven months dealing with the fallout of a key cyberattack that compromised delicate buyer info […]

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