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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
Express News | Palo Alto Networks up 4.4%, Zscaler up 2.6%, Fortinet up 2%, SentinelOne up 6.8%
DipHunter : Anyone works in the space will know this is actually nothing… everyone has outages from time to time and this is unavoidable. CRWD has its edge on endpoint protection, and others like PANW or S cannot meet. This is a message that hybrid cloud should be the way to go, instead of fully relying on Azure or AWS
Umami66 DipHunter: that is big, you don't have response plan for something and you say its nothing?
DipHunter Umami66: Of course you would need to have all of those, I’m saying all vendors would have outages some time in the future. You do the process. But causing it to drop 15%? Non sense
MomentumPython1337OP DipHunter: nah crwd is already trading at premium relative to peers before this. the dip is completely justified in fact I'm surprised it's not more it should be 20% it needs to go back to 270 before i take a look at it again
MomentumPython1337OP :
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