Priya Patel
TLDR:
- CrowdStrike, a cybersecurity giant, is known for its software defenses and exposure of threats.
- The company was founded in 2011 and has a cloud-first model offering endpoint protection.
CrowdStrike, a cybersecurity company founded in 2011, has been in the spotlight for its role in a recent global IT outage. The company, based in Austin, Texas, was established by George Kurtz, Dmitri Alperovitch, and Gregg Marston. CrowdStrike is known for its Falcon platform, launched two years after its inception, which focuses on identifying and stopping attackers rather than just malware protection. The company’s share price saw a decline recently but is expected to generate significant revenue in the current fiscal year.
CrowdStrike gained recognition for its involvement in investigating high-profile cyber attacks, such as linking North Korean actors to the Sony Pictures hack in 2014. The company also played a role in investigating cyber attacks on the Democratic National Committee in the US, linking them to Russian intelligence services. However, some assessments made by CrowdStrike about these attacks were later disputed.
In recent months, CrowdStrike criticized Microsoft for its cyber security lapses, particularly related to vulnerabilities and hackings by outside actors. The company raised concerns about Microsoft’s business operations in China while emphasizing the importance of robust cybersecurity measures. Despite facing criticism, CrowdStrike remains a prominent player in the cybersecurity sector.
