Home Technology Cloud CrowdStrike CEO: “This is not a security incident or cyberattack” CrowdStrike’s share price fell over 3 per cent in trade on the NASDAQ amid a ‘blue screen of death outage’ by Gareth van Zyl July 19, 2024 Pictured left: CrowdStrike CEO George Kurtz UPDATE: CrowdStrike CEO responds In a statement published on social network X, CrowdStrike CEO George Kurtz said his company is working on a fix. “CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts. Mac and Linux hosts are not impacted,” he added. “This is not a security incident or cyberattack. The issue has been identified, isolated and a fix has been deployed. We refer customers to the support portal for the latest updates and will continue to provide complete and continuous updates on our website. We further recommend organisations ensure they’re communicating with CrowdStrike representatives through official channels. Our team is fully mobilised to ensure the security and stability of CrowdStrike customers,” he added. Meanwhile, shares in cybersecurity firm CrowdStrike Holdings were plummeting on Friday morning amid the company being linked to a massive global tech outage. CrowdStrike is a US cybersecurity technology company based in Austin, Texas that provides cloud workload protection and endpoint security, threat intelligence, and cyber attack response services. Source: Google Finance A security update that the company ran on Friday is being blamed for impacting thousands of Microsoft Windows machines with the so-called “Blue Screen of Death (BSOD)”. Because CrowdStrike’s software is used by a variety of major global airports, banks, retailers and stock exchanges; the impact of this outage is subsequently severe and widespread. Berlin and Hong Kong airports were facing major disruptions on Friday morning, while Air India, Indigo and Spicejet were also facing major delays. LSEG Group’s Workspace news and data platform suffered an outage on Friday that affected user access worldwide, causing disruption across financial markets. Meanwhile, Capitec, one of South Africa’s largest banks by consumers, experienced downtime at its ATMs across the country. The news immediately affected CrowdStrike Holdings’ share price, which fell over 3 per cent in trade on the NASDAQ to just over $344 per share. In a previous statement, CrowdStrike said that it is “aware of reports of crashes on Windows hosts related to the Falcon sensor”. CrowdStrike’s Falcon offering analyses connections to and from the internet to determine if there is malicious behaviour. The data is used to help detect and prevent malicious actions involving websites. Meanwhile, Microsoft’s share price was only marginally down on Friday by 0.71 per cent on the NASDAQ. Tags Crowdstrike microsoft You might also like 5 things to know about the latest Microsoft Surface CoPilot laptops Are internet outages a wake-up call for B2B eCommerce platforms? Microsoft’s latest outage caused by ‘DDoS attack’ CrowdStrike chaos could prompt rethink among investors, customers