Crowdstrike shares slide despite beating expectations amid IT outage fallout Tech Shares in cybersecurity firm Crowdstrike tumbled over seven per cent in after-hours trading, even as the scandal-stricken company posted better than expected second-quarter earnings for its financial year 2025. The Nasdaq-listed company, still reeling from last month’s global IT outage, posted total revenue of $963.9m (£729m), a 32 per cent increase from $731.6m (£553.3m) in [...]
The Crowdstrike disaster was bound to happen. The cloud is a chokepoint in our interconnected world opinion Last week, Crowdstrike caused a global tech meltdown due to a botched software rollout. The incident should be seen as a dry run for the next time someone throws a spanner into our globally interconnected tech ecosystem, writes Andy Blackmore.
More flight cancellations and delays expected in wake of global IT outage Tech A flawed update rolled out by cybersecurity firm CrowdStrike knocked many offline around the world on Friday, causing flight and train cancellations and crippling some healthcare systems.
A ‘blue screen of death loop’: How a Crowdstrike update crashed Microsoft systems around the world July 19, 2024 Crowdstrike's flagship product, reported to be the cause of the tech crash today, acts like an antivirus, using artificial intelligence and machine learning to detect and prevent threats.