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The Latest Breaking News from George Kurtz

‘Tone deaf’: US tech company responsible for global IT outage to cut jobs and use AI

CrowdStrike CEO announces 5% of workforce to be slashed globally, citing artificial intelligence efficiencies created in the business

The Guardian - AU

CrowdStrike claws back market value after triggering largest IT outage in history

CrowdStrike claws back market value after triggering largest IT outage in history

Despite taking a heavy hit after the July 2024 outage, CrowdStrike’s market value is now close to where it was previously

CrowdStrike exec to speak in front of US House Homeland Security Committee

CrowdStrike exec to speak in front of US House Homeland Security Committee

Senior Vice President of Counter Adversary Operations to speak on September 24 regarding the patching fiasco.

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CrowdStrike Estimates $60 Million Sales Blow After Global Software Update Failure

Despite the setback, CrowdStrike's executives expressed optimism about recovering the lost deals by the end of the company's fiscal year in January 2025.

International Business Times

CrowdStrike CEO celebrates 'resilient' earnings after massive Windows crash

CrowdStrike reassured skittish investors with an annual revenue forecast that many feared would be a lot worse.

CrowdStrike: What's Ahead For Cybersecurity Player In The Wake Of Its Corporate Crisis

After it botched a cybersecurity software update and slammed customers, CrowdStrike stock is paying the price. A crisis management challenge lies ahead.

Investors Business Daily

Crowdstrike caused a global computer meltdown — at the Black Hat cybersecurity conference people can't get enough of its swag

The long lines of people seeking company-branded merch and taking selfies by its booth at the Las Vegas conference underscored Crowdstrike's curious new moment of cultural cachet.

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CrowdStrike lashes out at Delta and calls its lawsuit 'meritless' after it reportedly rejected 'free onsite help' leading to half a billion flight disruption losses

CrowdStrike lashes out at Delta and calls its lawsuit 'meritless' after it reportedly rejected 'free onsite help' leading to half a billion flight disruption losses

CrowdStrike says it's not at fault for the flight disruptions that impacted Delta Air Lines leading to a loss of $500 million. The cybersecurity firm questions the airline's reluctance to accept free onsite IT consultation advice during the chaos.

Windows Central

Shareholders sue CrowdStrike over consequences of catastrophic worldwide IT outage and I don't think an Uber Eats voucher will cut it this time

Shareholders sue CrowdStrike over consequences of catastrophic worldwide IT outage and I don't think an Uber Eats voucher will cut it this time

The company's share price has dropped by tens of billions.

CrowdStrike: Cybersecurity firm sued over the global IT outage

CrowdStrike: Cybersecurity firm sued over the global IT outage

Firm say case ‘lacks merit’ and has pledged to

Evening Standard

CrowdStrike Faces Shareholder Lawsuit Over Global Outage

CrowdStrike Faces Shareholder Lawsuit Over Global Outage

The lawsuit alleges that CrowdStrike's assurances about its technology were materially false and misleading.

International Business Times

CrowdStrike CEO says nearly all affected servers are now back online

CrowdStrike CEO says nearly all affected servers are now back online

Although 97% of servers are now restored, CrowdStrike CEO promises “full recovery” with a “sense of urgency.”

The CEO Of CrowdStrike Has Finally Apologised For Last Week’s Massive Tech Outage

The CEO Of CrowdStrike Has Finally Apologised For Last Week’s Massive Tech Outage

CrowdStrike's CEO George Kurtz has apologised "personally" for the worldwide tech outage caused by his company last week.

CrowdStrike CSO blasts own failure as stock plummets: ‘The confidence we built in drips over the years was lost in buckets within hours, and it was a gut punch’

CrowdStrike CSO blasts own failure as stock plummets: ‘The confidence we built in drips over the years was lost in buckets within hours, and it was a gut punch’

One broker tried to rush out a note recommending investors buy the dip, only to find out his bank's computers were CrowdStriked too.

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International Business Times

GOP Lawmakers Demand Public Hearing With CrowdStrike CEO Kurtz On Global Outage

The lawmakers said it is important to understand the outage's causes and the measures CrowdStrike is implementing to prevent future occurrences.

CrowdStrike's CEO confronts his own crisis

CrowdStrike’s response to the massive outage it caused remains, at best, underwhelming.

CrowdStrike CEO called to testify over disastrous global outage as Microsoft points finger at EU

CrowdStrike CEO George Kurtz has been called to testify before the House Homeland Security Committee over the global IT outage.

Tom’s Hardware

CrowdStrike issues go beyond Windows: company's security software has reportedly been causing Linux kernel panics since at least April

CrowdStrike's issues are not limited to Windows machines, it turns out.

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The Independent UK

8.5 million computers running Windows affected by faulty update from CrowdStrike

As the world continues to recover from massive business and travel disruptions caused by a faulty software update from cybersecurity firm CrowdStrike, malicious actors are trying to exploit the situation for their own gain

Slow recovery after CrowdStrike update sparks global IT outage

Head of the cybersecurity firm issues a public apology but cautions that a total recovery could take weeks.

Evening Standard

More flight cancellations and delays expected in wake of global IT outage

Some 167 flights scheduled to depart UK airports were axed on Friday.

The Guardian - AU

Microsoft IT outage: Australian airlines, banks and supermarkets begin return to normal operations

IT support staff need to implement the fix in person, one computer at a time, experts have said

The Independent UK

Who is CrowdStrike CEO George Kurtz?

A worldwide tech glitch was caused by a software update sent out by cyber security company CrowdStrike

Microsoft Servers Are Back After The World’s Biggest Outage — Here’s What The Hell Happened

The world was hit by the biggest cyber outage in history on Friday, here's what you need to know about the Microsoft outage and its impacts.

Crowdstrike CEO Promises Full Transparency After Global IT Outage

CrowdStrike CEO assures transparency and commitment to resolving global IT outage effectively.

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