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company

CrowdStrike

Cybersecurity company providing cloud-native endpoint protection, threat intelligence, and incident response services. Known for Falcon security platform. Responsible for largest IT outage in history in July 2024.

Track Record

negligent $10.0B

On July 19, 2024, CrowdStrike released a faulty update to its Falcon Sensor security product that crashed 8.5 million Windows computers globally - the largest IT outage in history. The update contained a logic error causing out-of-bounds memory reads. Airlines cancelled 5,078 flights (Delta alone lost $500M), hospitals and emergency services were disrupted, and banks went offline. Former employees reported company prioritized 'speed over quality' with inadequate testing. Global economic damage exceeded $10 billion. CEO George Kurtz declined to testify before Congress.