CrowdStrike's Pain Could Be Its Rivals' Gain. Watch These Cybersecurity Stocks
It's an ill wind that blows nobody any good. An update from cybersecurity-software company CrowdStrike appeared to cause outages for users of Microsoft Windows devices Friday, but it could be a boon for the company's rivals.
Heard on the Street: CrowdStrike May Get More Than a Slap -- WSJ
By Dan Gallagher There is never a great time to cause a global technology outage. For CrowdStrike, the timing could hardly be worse. A routine update from the cybersecurity provider caused a major
Wedbush: The global outage had a "significant impact" on CrowdStrike and competitors are expected to benefit.
Wedbush Securities stated that the global network outage, which resulted in a global computer paralysis and disrupted aviation travel, is a significant blow to cybersecurity company CrowdStrike (CRWD.US).
CrowdStrike CEO: has deployed a solution to address global downtime issues.
The CEO of CrowdStrike, the "culprit" that caused a global outage, stated that the company has identified the update that caused global Windows system crashes and "has deployed a fix."
Crowdstrike Global Outage Drives Rival Cybersecurity Stocks Higher
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