CrowdStrike Holdings Inc. has taken action to dismiss Delta Air Lines Inc.'s case against it, claiming the reasons the latter is seeking damages for were not included in the contract between the two companies, CNBC reported on Tuesday, citing a court filing from the cybersecurity firm.According to the...
Cybersecurity firm Holdings Inc. announced on Monday the commencement of its second annual Cybersecurity Startup Accelerator in collaboration with Amazon Web Services (AWS) and Nvidia Corporation.The program aims to support "the next generation of artificial intelligence (AI) and cloud security...
Cybersecurity company CrowdStrike's stocks rose 8% on Thursday shortly after the US markets opened and following the release of the latest earnings report in which it showed that total revenue surged 32% to land at $963.9 million for its second quarter of fiscal 2024.Despite a guidance for annual...
Microsoft Corporation insisted in a letter sent to Delta Air Lines Inc.'s lawyers that it offered the latter help in overcoming the consequences of the global technological failure that occurred in its devices following a faulty upgrade on CrowdStrike Holdings Inc.'s cyber-protection system by saying...
CrowdStrike Holdings Inc. has refuted claims of responsibility for the disruption Delta Air Lines faced in the aftermath of the cybersecurity firm's IT outage in July. "Should Delta pursue this path, Delta will have to explain to the public, its shareholders, and ultimately a jury why CrowdStrike took...
Delta Air Lines Chief Executive Officer (CEO) Ed Bastian claimed on Wednesday that a massive IT glitch that occurred earlier this month will cost the company about $500 million. Bastian stressed that the airline had to suspend over 4,000 flights, so the company intends to seek compensation from...
CrowdStrike CEO George Kurtz said 97% of Windows sensors, which failed last week, are now back online. He added that the company's work is not finished and that it will continue working to restore all impacted systems.
The massive outage, caused by a software update, affected flights, banking,...
The incident caused by CrowdStrike Holdings Inc.'s faulty upgrade of its security software that led to the disruptions of all computer systems using Microsoft Corporation's Windows resulted in insured losses of between $400 million and $1.5 billion, cyber risk analytics platform CyberCube reported...
Microsoft Corporation estimated on Saturday that approximately 8.5 million Windows devices were affected in the massive IT outage caused by CrowdStrike's latest update which paralyzed airports, banks, and payment systems globally.This represents less than 1% of all Windows machines,...
Tesla Inc. shot down some production lines in its factories due to the global IT outage, caused by an update of Crowdstrike Falcon Sensor antivirus software, Business Insider reported on Friday, citing sources with knowledge of the matter. According to the report, Tesla sent some production...
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