Cybersecurity firm CrowdStrike has yet to see any lawsuits get filed against it by customers, following its July 19 faulty software update crashing systems worldwide. Does that speak to the company having run a well-executed crisis management strategy?
The global disruption caused by a faulty CrowdStrike software triggering a kernel panic and computer meltdowns has led government agencies, experts and vendors to call for rethinking Windows operating system resiliency, including the deep-level OS access security tools now require.
SentinelOne's minimal reliance on the kernel, reduced dependency on cloud connectivity and use of behavioral AI for threat detection reduce the risk of system disruptions and offer a security edge over CrowdStrike, said SentinelOne CEO Tomer Weingarten.
In the latest weekly update, Information Security Media Group editors discussed how CrowdStrike's competitors are responding to its outage, why security vendors want to serve the unique needs of SMB organizations and the status of U.N. efforts to develop a treaty designed to combat cybercrime.
CEO George Kurtz said CrowdStrike has blunted the business impact from the massive July 19 outage and is implementing changes to prevent a repeat occurrence. CrowdStrike is boosting the resilience of its Falcon platform through improved content visibility and control and enhanced quality assurance.
Travelers in the Pacific Northwest's busiest airport should travel light and gird for extra levels of frustration in the aftermath of a suspected Saturday cyberattack. The Seattle-Tacoma International Airport said that systems "experienced certain system outages indicating a possible cyberattack."
The CrowdStrike outage exposed recovery challenges, highlighting cloud systems' resilience over physical infrastructure. Jonathan Hatzor, co-founder and CEO of Parametrix, advises CIOs and CISOs on strategies that can effectively manage, mitigate and transfer risks.
Delta Air Lines' war of words against CrowdStrike and Microsoft over its extended IT outage continue to escalate, with the airline threatening litigation to recover $500 million in lost revenue and expenses. CrowdStrike and Microsoft have pledged to vigorously fight any such litigation.
CrowdStrike has dismissed claims of negligence leveled at it by Delta Air Lines, which is threatening to sue after a faulty security software update led to days of IT disruption. In response, the cybersecurity vendor is asking why Delta's competitors recovered so much more quickly.
CrowdStrike faces a putative class action lawsuit over the widespread global IT outage in late July that caused major disruptions at airports and hospitals after the company pushed through a faulty update to its Falcon platform, causing its stock prices to plummet.
This week, hackers exploited DNS flaws, Delta said the CrowdStrike outage cost it $500 million, the German BSI wanted the outage's root cause, the FBI said U.S. elections are safe from DDoS attacks, hackers exploited Google Ads, malware hid on Google Play apps, and a hacker stole Bausch Health data.
Snyk CEO Peter McKay discusses lessons from the recent CrowdStrike outage, emphasizing the importance of robust development practices, effective communication and the integration of quality and security in modern software development. He also highlights Snyk's role in advancing developer security.
The global IT outage triggered by a faulty CrowdStrike software update could lead to $400 million to $1.5 billion in payouts to cyber insurance policyholders, although the nonstandardized language used for such policies will make determining final losses a "lengthy process," analysts say.
Shane Buckley, CEO of Gigamon, discusses the recent CrowdStrike outage, plus insights on how Gigamon managed to restore critical systems rapidly. He highlights the importance of observability and defense-in-depth strategies in mitigating security threats and offers advice for other organizations.
CrowdStrike said nearly all of the Windows hosts disrupted by its faulty July 19 update are now fixed. The company said the flaw involved a relatively new threat detection feature that uses configuration data that "maps to specific behaviors for the sensor to observe, detect or prevent."
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.asia, you agree to our use of cookies.