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CrowdStrike Falcon was the cause of a 2024 major global IT outage affecting Windows. Similar issues affecting some Linux distributions in the past then came to light on internet forums . At times these have been relatively isolated, affecting a specific application [ 58 ] [ user-generated source ] [ 59 ] [ user-generated source ] or operating ...
Palo Alto Networks. Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in ...
Outages were experienced worldwide, [2] [39] [40] reflecting the wide use of Microsoft Windows and CrowdStrike software by global corporations in numerous business sectors. [41] 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.
It was trading at a price-to-sales (P/S) ratio of more than 100 then, which was unsustainable, but it's now at a more reasonable 8.2. In fact, that looks like a bargain compared to CrowdStrike's P ...
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CrowdStrike stock is up 56% since the beginning of this year. But it's a different story over the last 12 months, with shares of the cybersecurity company facing a decline of over 4%.
George Kurtz (born May 5, 1965) is an American businessman. He is the CEO of the cybersecurity company CrowdStrike, which he co-founded with Dmitri Alperovitch.. In 2024, his company CrowdStrike crashed millions of Windows computers around the world, causing billions of dollars in economic losses in what has been called the largest outage in the history of information technology.
In five years, most people will probably forget about the outage. And CrowdStrike will be just another cybersecurity firm in a very fast-growing industry. And business is booming. First-quarter ...