The CEO of $CrowdStrike (CRWD.US)$, George Kurtz, has been called upon by a U.S. congressional panel to testify regarding the recent worldwide tech outage. The panel has requested Kurtz to appear before the Subcommittee on Cybersecurity and Infrastructure Protection.
What Happened: The U.S. House of Representatives Homeland Security Committee has formally asked Kurtz to testify on the global tech outage that occurred last week, Reuters reported.
The outage was a result of a faulty update to CrowdStrike's security software, which affected millions of devices running on $Microsoft (MSFT.US)$ Windows operating system.
The incident caused widespread disruptions across various industries, including aviation, finance, and healthcare. Although services were gradually restored, the episode raised concerns about the concentration of critical software in the hands of a few companies and the potential for future incidents.
The congressional panel, in its letter to Kurtz, acknowledged CrowdStrike's response and coordination with stakeholders but emphasized the gravity of the situation, which some have labeled as the most significant IT outage in history. The panel has asked Kurtz to schedule a hearing with the subcommittee by Wednesday.
"CrowdStrike is actively in contact with relevant Congressional Committees. Briefings and other engagement timelines may be disclosed at members' discretion," a company spokesperson said.
Why It Matters: The recent global outage has had significant repercussions for CrowdStrike . Shares of the company fell sharply, dropping over 11% on Friday and continuing to decline on Monday. Analysts from Guggenheim and BTIG downgraded the stock from Buy to Neutral, reflecting concerns over the company's handling of the incident.
Experts predict that the financial impact of the outage could exceed $1 billion, with potential demands for compensation and legal actions looming. Dan Ives, a tech analyst for Wedbush Securities, noted that CrowdStrike's legal team might face a challenging summer as they navigate the fallout.
Despite the negative impact, some analysts, including Jim Cramer, have praised CrowdStrike's response to the crisis. CEO George Kurtz promptly acknowledged the issue, attributing it to a defect in a single content update and clarifying that it was not a security breach or cyberattack.
The outage has also raised concerns about CrowdStrike's pricing and renewal strategies. The company's stock faced further downgrades amid worries about its ability to retain customers and maintain competitive pricing following the disruption.
Price Action: Crowdstrike stock closed at $263.91 on Monday, down 13.46%. In after-hours trading, the stock dipped further 0.34%. Over the past five days, the stock has dropped by 30.23%. However, year to date, Crowdstrike has gained 6.89%, according to data from Benzinga Pro.
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
公司的首席执行官 $CrowdStrike (CRWD.US)$美国国会小组委员会已要求Crowdstrike公司首席执行官George Kurtz在网络安全和基础设施保护小组委员会面前作证,就最近充斥全球的技术故障进行证言。
事件过程:据路透社报道,美国众议院国土安全委员会正式邀请Kurtz作证,就上周发生的全球技术故障作证。
这次网络故障是由CrowdStrike公司的安全软件错误更新引起的,影响了运行在Windows操作系统上的数百万设备。$微软 (MSFT.US)$事件造成了各行各业,包括航空、金融和医疗保健在内的广泛中断。虽然服务已逐渐恢复,但本次事件引发了关于少数几家公司掌握关键软件以及潜在未来事故的担忧。
国会小组委员会在致Kurtz的信中,承认了CrowdStrike公司的响应和协调工作,但强调了局势的严峻性,有人称其为历史上最重要的IT故障之一。该小组委员会要求Kurtz在周三之前安排一个与小组委员会的听证会。
“CrowdStrike正在积极与相关的国会委员会进行联系。英国特别行动小组(Briefings)和其他接触时间可能会由各成员自行决定,”该公司的一位发言人表示。
事件的意义:最近的全球故障对于CrowdStrike公司产生了巨大的后果。该公司的股票大幅下跌,周五下跌了超过11%,周一仍在下滑。来自古根海姆和BTIG的分析师将该股票的评级从买入下调至中立,反映了他们对公司处理事件的关注。
专家预计本次事件的财务影响可能超过1亿美元,可能会出现要求赔偿和法律诉讼等问题。 Wedbush Securities的技术分析师Dan Ives指出,CrowdStrike的法律团队可能会在应对事件的后果上遇到严峻的夏季。
尽管产生了负面影响,但包括吉姆·克拉默在内的一些分析师对CrowdStrike公司的危机响应表示赞扬。CEO George Kurtz迅速承认了问题,并将其归因于单个内容更新中的缺陷,并澄清这不是安全漏洞或网络攻击。
这次事件还引发了有关CrowdStrike公司定价和续费策略的担忧。该公司的股票在此次故障后遭受了进一步的下调,人们担心其在保留客户和保持有竞争力的价格方面的能力。
价格走势:Crowdstrike公司的股票周一收报263.91美元,下跌13.46%。在盘后交易中,股票进一步下跌0.34%。根据Benzinga Pro的数据,过去五天里该股下跌了30.23%。但是,年初至今,Crowdstrike公司的股价已上涨6.89%。
价格走势:Crowdstrike股票周一收盘价为263.91美元,下跌13.46%。盘后交易中,该股票进一步下跌0.34%。过去五天,该股票已下跌30.23%。然而,根据来自Benzinga Pro的数据,Crowdstrike今年以来已经上涨了6.89%。
这个故事是使用Benzinga Neuro生成的,并由Kaustubh Bagalkote编辑