#CrowdStrike

Chinese cyberspies, Musk’s Beijing ties, labelled ‘real risk’ to US security by senator

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November 20, 2024 at 06:55PM Senator Richard Blumenthal warned that U.S. tech companies’ ties to China pose national security risks during a hearing on cybersecurity threats. CrowdStrike revealed its findings on Liminal Panda, a Beijing-backed cyber-espionage group targeting telecommunications networks. Blumenthal criticized companies like SpaceX and Apple for prioritizing profits over American security. ### Meeting … Read more

China-Backed Hackers Leverage SIGTRAN, GSM Protocols to Infiltrate Telecom Networks

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November 20, 2024 at 02:27AM A new China-linked cyber espionage group named Liminal Panda targets telecommunications entities in South Asia and Africa, employing advanced tools for unauthorized access and data extraction. CrowdStrike highlights prior misattribution and notes that these activities exploit trust relationships among telecom providers, underscoring vulnerabilities in critical infrastructure to state-sponsored attacks. ### … Read more

CrowdStrike Spends to Boost Identity Threat Detection

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November 12, 2024 at 03:39PM CrowdStrike has acquired Israeli startup Adaptive Shield for approximately $300 million to enhance its security posture management capabilities. This acquisition will strengthen its Falcon platform by integrating SaaS application monitoring, improving identity protection, and offering tools to manage and secure identities against increasingly common identity-based attacks. Completion is expected by … Read more

CrowdStrike to Acquire Adaptive Shield in Reported $300 Million Deal

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November 6, 2024 at 08:36AM CrowdStrike is acquiring Israeli SaaS security company Adaptive Shield for approximately $300 million. This acquisition aims to enhance the capabilities of its Falcon cybersecurity platform. **Meeting Takeaways:** 1. **Acquisition Announcement**: CrowdStrike is acquiring Adaptive Shield, an Israeli SaaS security firm. 2. **Purpose of Acquisition**: The acquisition aims to enhance the … Read more

Financial institutions told to get their house in order before the next CrowdStrike strikes

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November 2, 2024 at 05:38AM The UK’s Financial Conduct Authority (FCA) urges financial institutions to enhance resilience against IT failures, highlighted by CrowdStrike’s significant outage affecting major banks and services. Compliance with FCA’s PS21/3 rules is necessary by March 2025. Delta Air Lines is suing CrowdStrike for losses related to the incident, alleging negligence. **Meeting … Read more

In Other News: FBI’s Ransomware Disruptions, Recall Delayed Again, CrowdStrike Responds to Bloomberg Article

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November 1, 2024 at 08:46AM FBI conducted over 30 ransomware disruption operations this year. The Windows Recall has been postponed until December, and CrowdStrike has issued a response to a Bloomberg article. **Meeting Takeaways:** 1. **FBI Ransomware Operations**: The FBI has conducted over 30 disruption operations related to ransomware this year, highlighting their ongoing efforts … Read more

Delta Launches $500M Lawsuit Against CrowdStrike

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October 28, 2024 at 05:14PM Delta Air Lines is suing CrowdStrike for $500 million in lost revenue due to a July outage caused by a defective update to its Falcon Sensor software. The incident led to thousands of flight cancellations and lawsuits. Delta aims to recover costs and punitive damages amid a dispute over liability. … Read more

Delta officially launches lawyers at $500M CrowdStrike problem

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October 28, 2024 at 10:20AM Delta Air Lines is suing CrowdStrike for approximately $500 million in lost revenue due to a severe IT outage in July that led to 7,000 canceled flights affecting over a million customers. CrowdStrike argues Delta’s claims stem from misinformation and inadequate IT infrastructure, while the airline navigates a federal investigation. … Read more

Delta Sues Cybersecurity Firm CrowdStrike Over Tech Outage That Canceled Flights

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October 28, 2024 at 04:50AM Delta Air Lines is suing CrowdStrike, alleging that the cybersecurity firm compromised standards, resulting in a global technology outage that caused thousands of flight cancellations in July. **Meeting Notes Takeaways:** 1. **Delta Air Lines Legal Action**: Delta Air Lines has initiated a lawsuit against CrowdStrike. 2. **Reason for the Lawsuit**: … Read more

USDoD hacker behind National Public Data breach arrested in Brazil

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October 16, 2024 at 05:54PM Brazil’s Polícia Federal arrested hacker USDoD, linked to high-profile data breaches, in “Operation Data Breach.” Identified as Luan BG, the Brazilian hacker leaked sensitive data from InfraGard and the National Public Data. His downfall came after targeting CrowdStrike, which exposed his identity, leading to his apprehension. ### Meeting Takeaways: 1. … Read more