Do you guys know that there is no fine or any consequences for this incident?
It’s just like blaming window for crashing into blue screen sometimes. There is disclaimer that they will be not liable for system error or crashes.
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102981537 : They can’t contract their way out of that. No chance
bangkokinsomnia : Did you forget lawsuits exist?
4815功 OP 102981537 : CrowdStrike Software Terms of Use | CrowdStrike
Point 6.1
7. Limitation of Liability. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW CROWDSTRIKE SHALL NOT BE LIABLE TO SOFTWARE USER (UNDER ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STATUTE, TORT OR OTHERWISE) FOR: (A) ANY LOST PROFITS, REVENUE, OR SAVINGS, LOST BUSINESS OPPORTUNITIES, LOST DATA, OR SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, EVEN IF CROWDSTRIKE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES OR SUCH DAMAGES OR LOSSES WERE REASONABLY FORESEEABLE; OR (B) AN AMOUNT THAT EXCEEDS IN THE AGGREGATE $100. THESE LIMITATIONS WILL APPLY NOTWITHSTANDING ANY FAILURE OF ESSENTIAL PURPOSE OF ANY REMEDY SPECIFIED IN THESE TERMS. MULTIPLE CLAIMS SHALL NOT EXPAND THE LIMITATIONS SPECIFIED IN THIS SECTION 7.
104085035 : From my 20 years IT experience, they will blame each other. Microsoft will not lose lawsuit, the app that reside on OS will be liable for any losses.
71811517 : what do you think would happen if everyone would stop using the software? nobody is going to trust this software again. I work in an airport and there was a near miss accident because our system crashed. management is going to replace the software
MomentumPython1337 : the concern is more about reputation. it takes years to build up and only a single day to break it. if I'm the chief security officer looking for a new protection provider no chance I'm going to buy crowdstrike's service. how am i going to justify this to the board of management and to the C suite.
i have sold all my remaining crwd shares. it was good while it lasted. trimmed 85% last week on 150+% gains. sold the remaining 15% today when it hit 312.
Umami66 : Yea except when you get banned from affected companies
EZ_money 104085035 : yes it's gonna end up on them definitely
Umami66 : You think the affected organisations are going to renew with Crowdstrike after this? Renewals and net new deals are out the window, no large organisations are dumb enough to buy Crowdstrike solutions now.
104085035 Umami66 : Not for next 1 year at least until they repair their reputation and ppl forget about this
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