December 13, 2024 at 07:33AM The Tines library offers free, pre-built workflows for security operations, including an award-winning automated reporting system for CrowdStrike RFM by Tom Power. This workflow streamlines manual processes, saving over 25 hours annually, enhances decision-making, and reduces errors, thereby allowing analysts to focus on critical cybersecurity tasks. ### Meeting Takeaways 1. … Read more
November 27, 2024 at 02:30AM CrowdStrike reports $1.01 billion in Q3 revenue, a 29% increase, but faces a $17 million loss and uncertain impacts from a July software crash. CFO warns of delayed customer renewals, despite offering incentives. CEO remains optimistic about product demand, though investors reacted negatively, dropping shares in after-hours trading. ### Meeting … Read more
November 21, 2024 at 09:23AM Microsoft has launched the Quick Machine Recovery tool, which enables users to apply fixes remotely on machines that cannot boot, eliminating the need for physical access. This release comes in the wake of a recent CrowdStrike outage. **Meeting Notes Takeaways:** 1. **Introduction of Quick Machine Recovery Tool**: Microsoft has launched … Read more
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
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
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
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
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
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
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