CrowdStrike, whose botched software update caused a global IT outage in July 2024, has more than recovered the $30B in market value it shed after the crisis
Cyber security company has more than recovered the $30bn in market value it shed after the crisis Bluesky: @bruces . Mastodon: @1br0wn@eupolicy.social Bluesky: @bruces : *Gee whiz, what other industry can cause a huge planet-wide crisis and then pop right back? — *Nuclear, I guess. — *Oil, coal, gas — *Cars — www.ft.com/content/e98e... Mastodon: Ian Brown / @1br0wn@eupolicy.social : 'The [#CrowdStrike] incident has heightened scrutiny from regulators and business leaders over the extent of access that third-party software vendors have to the core, or kernel, of Microsoft's #Windows operating systems. Bugs in the #kernel, such as CrowdStrike's faulty update, can quickly crash an entire system... ' …