They said CrowdStrike’s share price fell 32% over the next 12 days, wiping out $25 billion of market value, as the outage’s effects became known, Chief Executive George Kurtz was called to testify to the U.S. Congress, and Delta Air Lines reportedly hired prominent lawyer David Boies to seek damages.
Related Posts
Beazley says has no plans to change guidance after mass IT outage
CrowdStrike Holdings, the cybersecurity firm at the heart of the mass outage, said the issues were due to a faulty…
In crypto world, the hacker is God
When a cyber villain affects a system, it is as unstoppable as an earthquake or pandemic. Traders, for example, who…
Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit
The lawsuit, filed in 2022, was the first major case to be brought under Texas’ 2009 biometric privacy law, according…