CrowdStrike to face lawmakers for first time on Tuesday

CrowdStrike to face lawmakers for first time on Tuesday

CrowdStrike will come under scrutiny on Tuesday when a senior executive takes questions from a U.S. House of Representatives subcommittee regarding the company’s catastrophic software update in July that led to a global IT outage. Adam Meyers, senior vice president of counter adversary operations at CrowdStrike, will go before lawmakers to explain what caused the … Read more

CrowdStrike reveals impact of July outage on its business

CrowdStrike to face lawmakers for first time on Tuesday

CrowdStrike, the cybersecurity firm at the center of a calamitous global IT outage on July 19, has revealed some of the impact that the incident has had on its business. The Texas-based firm said in an earnings call on Wednesday that the outage, caused by a faulty software update sent to around 8.5 million Windows … Read more

Crowdstrike’s President Accepting An Actual ‘Most Epic Fail’ Award In Person Is An Excellent Leadership Lesson

Crowdstrike’s President Accepting An Actual ‘Most Epic Fail’ Award In Person Is An Excellent Leadership Lesson

In a bold and unexpected move, CrowdStrike’s President, Michael Sentonas, recently accepted the “Most Epic Fail” award in person at the DEF CON cybersecurity conference in Las Vegas. This award, part of the Pwnie Awards ceremony, is typically given to those in the cybersecurity industry who have made significant blunders. CrowdStrike was recognised for a … Read more

How companies should prepare for the next tech glitch

How companies should prepare for the next tech glitch

Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. … Read more

More than 100 flights at Changi Airport were delayed due to CrowdStrike IT outage in July

More than 100 flights at Changi Airport were delayed due to CrowdStrike IT outage in July

SINGAPORE: Over 100 flights at Changi Airport were delayed by more than 30 minutes due to the systems outage triggered by a CrowdStrike update in July, said Transport Minister Chee Hong Tat on Tuesday (Aug 6). The global tech glitch affected flights and airports around the world. At Changi Airport, airlines were forced to implement … Read more

Chinese cybersecurity firm links US sanctions to its role in uncovering hackers targeting China

Chinese cybersecurity firm links US sanctions to its role in uncovering hackers targeting China

Chinese cybersecurity firm 360 Security Technology has helped Beijing uncover 54 “overseas, state-level” hacking groups, including operatives from the US Central Intelligence Agency (CIA) and National Security Agency (NSA), according to its founder and chairman Zhou Hongyi. Speaking at the firm’s Internet Security and AI Conference on Wednesday, Zhou claimed that its discovery of CIA … Read more

CrowdStrike Faces Shareholder Lawsuit Over Global Outage

CrowdStrike Faces Shareholder Lawsuit Over Global Outage

CrowdStrike is facing a lawsuit from shareholders who claim the company misled them about the reliability of its software, leading to a significant global outage on July 19 that affected more than eight million computers. The proposed class action was filed late Tuesday in the Austin, Texas federal court, according to Reuters. The lawsuit alleges … Read more

Delta CEO reveals IT outage costs USD 500 million

Delta CEO reveals IT outage costs USD 500 million

San Francisco: Delta Air Lines CEO Ed Bastian said the massive IT outage, earlier this month, cost the company $500 million. He said the figure included not just lost revenue but “the tens of millions of dollars per day in compensation and hotels” in five days, Xinhua news agency reported. The airline cancelled over 5,000 … Read more

2024 Mercedes-AMG SL63 S E Performance PHEV Adds New Dimension To The Roadster Experience

2024 Mercedes-AMG SL63 S E Performance PHEV Adds New Dimension To The Roadster Experience

Somehow we’re already halfway through 2024, and the automotive world is chugging along towards electrification. Pretty much every automaker offers multiple fully electric and hybrid models at this point, but there’s a distinct lack of plug-in versions of one particular body style: Convertibles. Aside from a few mid-engine supercars, almost no brands will sell you … Read more

Overcrowded Islands, Cancelled Flights And Abandoned Airports In This Week's Beyond Cars Roundup

Overcrowded Islands, Cancelled Flights And Abandoned Airports In This Week's Beyond Cars Roundup

Thousands of cruise ship passengers turned the charming Greek island of Santorini into standing-room-only hell Wednesday, proving once again it really is the worst way to travel. – Erin Marquis Read More Read more… Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, … Read more