Crowdstrike, the Company named in relation to an outage impacting Microsoft users around the globe, is a tech giant believed to be worth more than £80 billion.
The precise cause, exact nature and scale of the outage were unclear, with Microsoft appearing to suggest in its X posts that the situation was improving. However, escalating outages were still being reported around the world hours later.
An X user posted a screenshot of an alert from Crowdstrike which said the company was aware of “reports of crashes on Windows hosts” related to its Falcon Sensor platform.
The alert was posted on a password-protected Crowdstrike site and could not be verified. Crowdstrike did not respond to a request for comment.
California-headquartered Crowdstrike’s own website describes it as “redefining security with the world’s most advanced cloud-native platform that protects and enables the people, processes and technologies that drive modern enterprise”.
The company “secures the most critical areas of risk” – such as endpoints and cloud workloads, identity, and data “to keep customers ahead of today’s adversaries and stop breaches.
It adds: “Powered by the CrowdStrike Security Cloud, the CrowdStrike Falcon platform leverages real-time indicators of attack, threat intelligence on evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritised observability of vulnerabilities – all through a single, lightweight agent.
“With CrowdStrike, customers benefit from superior protection, better performance, reduced complexity and immediate time-to-value.”
As of July 2024, CrowdStrike has a market cap of £65 billion ($82.61 Billion).
