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Company Directory

Company Directory - CrowdStrike

Company Details - CrowdStrike

CrowdStrike Logo

CrowdStrike

Website

CrowdStrike is a global cybersecurity technology company specializing in endpoint security, threat intelligence, and cyberattack response services.

CCI Score

CCI Score: CrowdStrike

-32.34

0.02%

Latest Event

Record Federal Lobbying Spending Amid Outage Scrutiny

Following a global IT outage that affected millions and cost billions, CrowdStrike has come under intense scrutiny and has raised alarms by significantly ramping up its federal lobbying spending. In 2023, the company spent $620,000 on lobbying—nearly a 90% increase from the previous year—raising questions about its strategy to shape policy and avoid accountability.

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TOADIE

CrowdStrike is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • Record Federal Lobbying Spending Amid Outage Scrutiny Logo
    OCT
    09
    2024

    Following a global IT outage that affected millions and cost billions, CrowdStrike has come under intense scrutiny and has raised alarms by significantly ramping up its federal lobbying spending. In 2023, the company spent $620,000 on lobbying—nearly a 90% increase from the previous year—raising questions about its strategy to shape policy and avoid accountability.

  • -60

    Political Contributions and Lobbying Efforts

    March 29

    CrowdStrike’s record increase in federal lobbying spending, occurring in the wake of a highly disruptive global IT outage, suggests an effort to exert undue influence over policy decisions. This behavior raises concerns about corporate attempts to sidestep accountability and potentially bolster environments that undermine democratic oversight, aligning with practices that can support authoritarian power structures.

    Facing scrutiny over global outage, cybersecurity firm CrowdStrike on track for record year of federal lobbying spending

  • CrowdStrike Hires Lobbying Firm Amid Outage Fallout Logo
    AUG
    20
    2024

    CrowdStrike has engaged DLA Piper to manage policies and proposals in response to Congressional scrutiny following a significant outage in July that affected airlines and businesses, which has led to threats of a $500 million lawsuit from Delta Air Lines and a request for the CEO to testify before the House Homeland Security Committee.

  • -60

    Political Contributions and Lobbying Efforts

    March 29

    By hiring DLA Piper to shape policies and proposals amidst a regulatory and legal challenge following a costly outage, CrowdStrike is engaging in political lobbying that can be seen as an attempt to influence Congressional response and avoid accountability. This kind of corporate political maneuvering is concerning from an anti-authoritarian perspective as it prioritizes corporate interests over transparent and responsive governance.

    Bottom Line: CrowdStrike applies lobbying patch - The Hill

  • CrowdStrike IT Outage Highlights Faulty Update Practices Logo
    JUL
    19
    2024

    On July 19, 2024, a routine update to CrowdStrike’s Falcon software unexpectedly triggered a global IT outage, leading to widespread operational disruption, financial losses, and regulatory scrutiny. The incident revealed critical weaknesses in the company’s risk management and testing protocols, prompting calls for enhanced cybersecurity oversight and contractual safeguards across the industry.

  • -35

    Business Practices and Ethical Responsibility

    March 29

    The incident underscores a lapse in business practices and ethical responsibility, as a routine update was deployed without sufficient risk assessments or adequate testing protocols. This failure contributed to extensive disruption and financial losses among client businesses, reflecting poorly on the company’s commitment to safeguarding stakeholder interests.

    CrowdStrike Incident: Regulatory Implications and Lessons Learned

  • -40

    Technology and Services Impact

    March 29

    The faulty update of CrowdStrike’s Falcon software precipitated a massive technological failure, affecting millions of devices worldwide. This event highlights significant deficiencies in the company’s technological risk management and service reliability, raising serious concerns about the impact of their products in critical infrastructure sectors.

    CrowdStrike Incident: Regulatory Implications and Lessons Learned

  • CrowdStrike Outage Highlights Regulatory Capture and Lobbying Logo
    JUL
    19
    2024

    On July 19, 2024, a major global computer outage severely impacted CrowdStrike, resulting in significant financial losses and lawsuits. Analysis suggests that the firm's aggressive lobbying and the phenomenon of regulatory capture have contributed to its dominant position in the cybersecurity market, raising concerns over accountability and calls for stricter industry regulations.

  • -40

    Executive Political Engagement

    March 29

    CrowdStrike's use of aggressive lobbying tactics, as noted in the article, indicates executive political engagement that reinforces a close alignment with regulatory bodies. This behavior supports an environment favoring corporate interests over public accountability, aligning with concerns about authoritarian influences in policymaking.

    How Regulations Contributed to the CrowdStrike Fiasco

  • -50

    Regulatory Capture

    March 29

    The article underscores the role of regulatory capture, where expert relationships and lobbying favor industry incumbents like CrowdStrike. This dynamic has fostered a centralized cybersecurity market in which accountability is diminished, thereby supporting practices that can align with authoritarian regulatory frameworks.

    How Regulations Contributed to the CrowdStrike Fiasco

  • CrowdStrike Faulty Kernel Update Causes Major Outage Logo
    JUL
    01
    2024

    Last July, CrowdStrike deployed a faulty kernel-level update that triggered the Blue Screen of Death on millions of Windows devices, impacting critical services across sectors such as banking, airlines, and media. IT administrators were forced to physically intervene to restore systems, prompting concerns over the company’s quality control and operational responsibility.

  • CrowdStrike Publishes Modern Slavery Statement for FY Ending January 2024 Logo
    JAN
    31
    2024

    CrowdStrike released a comprehensive Modern Slavery Statement detailing its zero-tolerance policy on modern slavery, human trafficking, and forced labor. The statement outlines the company's supply chain risk assessment, due diligence measures, and commitment to ethical labor practices across its operations and business partners.

  • +80

    Supply Chain Ethics

    March 29

    The statement details rigorous supply chain due diligence and clear guidelines to mitigate risks of modern slavery and forced labor. CrowdStrike’s proactive approach in vetting suppliers and enforcing ethical standards demonstrates a strong commitment to supply chain ethics.

    PDF CrowdStrike Modern Slavery Statement

  • +70

    Labor Relations and Human Rights Practices

    March 29

    CrowdStrike emphasizes a zero-tolerance policy toward modern slavery and forced labor and commits to robust training and ethical labor practices. The clear articulation of these policies reinforces its responsibility to protect workers' rights.

    PDF CrowdStrike Modern Slavery Statement

  • CrowdStrike Lobbying and Revolving Door Analysis Logo
    JAN
    01
    2024

    An OpenSecrets profile indicates that CrowdStrike spent $800,000 on lobbying during the 2024 cycle and that 11 out of 14 of its lobbyists in 2023 and 2024 had previously held government positions, raising concerns about potential conflicts of interest and undue corporate influence over public policy.

  • -40

    Political Contributions and Lobbying Efforts

    March 29

    CrowdStrike’s reported $800,000 lobbying expenditure in 2024 signals a significant effort to influence political processes, contributing to concerns over corporate interference in democratic governance.

    Crowdstrike Inc Profile: Summary • OpenSecrets

  • -40

    Executive Political Engagement

    March 29

    The revolving door phenomenon, evidenced by 11 out of 14 lobbyists having previously held government positions, suggests a high risk of regulatory capture and conflicts of interest in CrowdStrike’s political engagement.

    Crowdstrike Inc Profile: Summary • OpenSecrets

  • CrowdStrike Lobbying Activity in 2023 Logo
    DEC
    31
    2023

    CrowdStrike spent $160,000 on federal lobbying during 2023, according to OpenSecrets data. The financial outlay reflects corporate political engagement that could influence policy outcomes and raises concerns about the potential for corporate interference in democratic processes.

  • -30

    Political Contributions and Lobbying Efforts

    March 29

    The reported $160,000 spent on lobbying in 2023 indicates an active effort by CrowdStrike to influence policy. From an anti-authoritarian perspective, corporate lobbying—even at moderate levels—can undermine democratic accountability by prioritizing corporate interests over public welfare. This activity, though not extremely high in dollar terms, still signals reliance on political influence that may contribute to a broader environment favorable to authoritarian practices.

    CrowdStrike Inc Lobbying Profile • OpenSecrets

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