Company Directory - CrowdStrike Holdings
Company Details - CrowdStrike Holdings
CrowdStrike Holdings
WebsiteCrowdStrike is a cloud-based cybersecurity company that specializes in next-generation security domains such as endpoint, cloud workload, identity, and security operations. Its flagship product, the Falcon platform, equips enterprises with robust capabilities to detect and respond to security threats.
CCI Score
CCI Score: CrowdStrike Holdings
-14.09
0.01%
Latest Event
CrowdStrike Governance, Ethics, and Supply Chain Compliance Initiative
CrowdStrike published its Governance, Ethics and Compliance mission statement detailing its robust approach to data protection, privacy and a zero-tolerance policy for human trafficking, forced labor, and modern slavery in its supply chain, through ongoing risk assessments, due diligence, audits, policies, and training.
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ENABLER
CrowdStrike Holdings is currently rated as an Enabler.
Latest Events
- JAN012025
CrowdStrike published its Governance, Ethics and Compliance mission statement detailing its robust approach to data protection, privacy and a zero-tolerance policy for human trafficking, forced labor, and modern slavery in its supply chain, through ongoing risk assessments, due diligence, audits, policies, and training.
+80
Supply Chain Ethics
April 15
CrowdStrike explicitly commits to eliminating human trafficking, forced or child labor from its supply chain by implementing rigorous risk assessments, due diligence, audits, and training. This strong stance on supply chain ethics supports anti-authoritarian, human rights-driven business practices, meriting a positive score.
+80
Labor Relations and Human Rights Practices
April 15
The mission statement underscores CrowdStrike’s commitment to ethical business practices and human rights by rejecting all forms of modern slavery and forced labor. This commitment to labor rights adds a significant positive dimension from an anti-fascist perspective.
- AUG012024
CrowdStrike is facing a shareholder lawsuit alleging that the company made materially false and misleading claims about the integrity and testing of its Falcon platform, which purportedly led to a major global computer crash and significant financial repercussions.
-70
Business Practices and Ethical Responsibility
April 15
The lawsuit alleges that CrowdStrike knowingly presented false assurances regarding the validation and testing of its Falcon platform. This deceptive practice raises serious concerns about its business ethics and accountability, undermining trust and compromising both investor interests and broader stakeholder security.
CrowdStrike shareholders sue, alleging false security claims
- JUL312024
CrowdStrike Holdings is facing a federal securities fraud lawsuit alleging that, despite assuring investors that its Falcon cybersecurity platform was 'validated, tested, and certified', the company failed to maintain adequate update procedures. This negligence allegedly led to a massive global outage affecting 8.5 million devices and caused significant drops in its stock price, ultimately resulting in millions of dollars in investor losses.
-70
Business Practices and Ethical Responsibility
April 15
The lawsuit highlights a serious lapse in business practices and ethical responsibility. CrowdStrike is accused of misrepresenting the robustness of its Falcon platform by failing to implement adequate testing and update procedures, thereby misleading investors and compromising service reliability. This negligence raises questions about the company's commitment to transparency and investor protection.
CrowdStrike Hit With First Investor Suit Over Massive Outage (2)
-50
Technology and Services Impact
April 15
The compromised update process of CrowdStrike’s Falcon platform resulted in a global IT outage affecting 8.5 million devices, including critical systems in businesses and government entities. This technological failure not only disrupted operations but also underscores the risks associated with inadequate quality controls in cybersecurity products.
CrowdStrike Hit With First Investor Suit Over Massive Outage (2)
- JUL222024
Congressional leaders have called on CrowdStrike CEO George Kurtz to testify before Congress regarding a defective software update that led to widespread disruptions across critical services including airlines, banks, and hospitals. The incident, which affected around 8.5 million Windows systems, has raised serious concerns over the company's technological reliability and corporate accountability.
-40
Public and Political Behavior
April 15
The company is under intense congressional scrutiny due to the fallout from a defective software update. The forced testimony of the CEO highlights a failure in ensuring proper oversight and risk management, reflecting poorly on its engagement in public and political accountability.
CrowdStrike CEO called to testify to Congress over cybersecurity’s firm role in global tech outage
-70
Technology and Services Impact
April 15
The defective software update by CrowdStrike directly impacted approximately 8.5 million Windows systems, disrupting vital services including healthcare, banking, and air travel. This significant technological failure points to a lapse in ensuring robust cybersecurity measures and responsible service delivery.
CrowdStrike CEO called to testify to Congress over cybersecurity’s firm role in global tech outage
- JUL222024
A faulty update to CrowdStrike's Falcon platform resulted in widespread computer shutdowns across various US government agencies, following a significant rise in federal procurement of the cybersecurity solution. The incident raises concerns over the reliability of a product critical to national cybersecurity infrastructure.
-40
Technology and Services Impact
April 15
The failure of the Falcon platform update led to extensive government outages, undermining the reliability of a key cybersecurity tool deployed across multiple federal agencies. This lapse not only disrupts essential digital infrastructure but also raises concerns about vulnerabilities that could be exploited, potentially compromising the ability to protect against authoritarian misuse of technology.
- JUL192024
On July 19, 2024, CrowdStrike's routine update to its Falcon software triggered a massive global IT outage, causing significant operational disruptions and financial losses. The incident led to regulatory scrutiny and highlighted deficiencies in the company's risk management and testing procedures.
-40
Business Practices and Ethical Responsibility
April 15
CrowdStrike’s decision to deploy a global software update without robust testing directly resulted in a catastrophic IT outage. This failure in risk management and operational oversight reflects poorly on its commitment to ethical business practices and customer safety.
CrowdStrike Incident: Regulatory Implications and Lessons Learned
-35
Technology and Services Impact
April 15
The faulty update of CrowdStrike's flagship Falcon platform triggered widespread technical failures, including blue screen errors on millions of devices. This highlighted critical vulnerabilities in their technology and the lack of adequate safeguards, thereby increasing systemic risk.
CrowdStrike Incident: Regulatory Implications and Lessons Learned
- JAN312024
CrowdStrike issued a Modern Slavery Statement for the fiscal year ending January 31, 2024, outlining its zero-tolerance stance on modern slavery, human trafficking, and forced labor in its supply chain. The document details rigorous policies, due diligence measures, and training initiatives intended to safeguard human rights and ensure ethical business practices.
+80
Labor Relations and Human Rights Practices
April 15
CrowdStrike's statement underscores its commitment to fair labor practices and human rights by explicitly banning forced labor and modern slavery. The clear policies and regular training programs support worker rights and contribute positively to ethical business practices.
+70
Supply Chain Ethics
April 15
The statement also details comprehensive supplier management and due diligence procedures. By ensuring that suppliers adhere to strict ethical standards, CrowdStrike reinforces its commitment to a supply chain free from modern slavery and forced labor.
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Corporate Financials
- Revenue
- 2025
- $1.70B
Industries
- 541511
- Custom Computer Programming Services
- 541519
- Other Computer Related Services
- 541690
- Other Scientific and Technical Consulting Services
- 611420
- Computer Training
- 511210
- Software Publishers