CrowdStrike, a leading cybersecurity solutions company, gained global recognition after incidents of patch updates for computers and servers, disrupting Windows operating systems. The infamous blue screen issue impacted numerous businesses worldwide.
This article delves into CrowdStrike, the top-tier cybersecurity company with a substantial clientele base. Founded in 2011 in the United States by three individuals, CrowdStrike’s CEO George Kurtz leads the company. Their flagship product, CrowdStrike Falcon, an Endpoint Detection Response (EDR) software, was the initial offering.
CrowdStrike Falcon stands out for its proactive security measures on devices, diverging from traditional antivirus software. Utilizing cloud-based behavioral detection, Falcon assesses and responds to suspicious activities on endpoint devices in real-time, preventing abnormal events effectively. However, this device-level protection also grants elevated access permissions, contributing to the widespread impact of the Windows blue screen incidents.
Despite the agent-based network monitoring approach differing from conventional antivirus solutions, CrowdStrike products have garnered increased popularity among organizational clients. According to CrowdStrike’s latest data, 298 Fortune 500 companies across various industries, including finance, manufacturing, food and beverage, automotive, healthcare, and technology, rely on CrowdStrike for cybersecurity.
CrowdStrike went public on the NASDAQ market in 2019 under the ticker symbol CRWD, with a market valuation of $83 billion at its latest business evaluation (prior to recent events).
Source: Forbes, The New York Times
TLDR: CrowdStrike, a cybersecurity firm, became prominent following Windows blue screen incidents due to its innovative Falcon software, offering real-time endpoint protection and catering to Fortune 500 companies across diverse sectors.
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