CrowdStrike Is Sued by Shareholders Over Huge Software Outage August 1, 2024 By Jonathan Stempel CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing...
Verisk’s PCS Classifies CrowdStrike Incident as a Cyber Catastrophe July 31, 2024 By Chad Hemenway Verisk’s Property Claim Services unit confirmed reports it has designated the recent global information technology outage as a cyber catastrophe...
Insured Losses From CrowdStrike Outage Could Reach $1.5B, CyberCube Says July 25, 2024 By Carolyn Cohn Global insured losses from last week’s massive IT outage are likely to range from $400 million to $1.5 billion, cyber...