CrowdStrike Outage: Can the Cybersecurity Giant Recover?

CrowdStrike: From Cybersecurity Darling to Outage Fallout? CrowdStrike, a company synonymous with stopping nation-state hackers, recently faced a major hurdle: a massive outage dubbed the "Largest IT outage in history." This begs the question: why does a single company hold such sway over critical global infrastructure? From its 2011 founding, CrowdStrike rapidly rose to prominence. Its cloud-based Falcon platform, launched in 2013, promised a proactive, "intelligence-first" approach to cybersecurity, a stark contrast to the reactive antivirus solutions of the time. Early Success and High-Profile Cases: Securing contracts with US government agencies, including the Department of Justice, boosted CrowdStrike's credibility. Exposing hacking attempts by Russia, North Korea, and China against the US solidified their reputation. Uncovering the 2016 DNC hack and Russian interference in the US election catapulted CrowdStrike into the spotlight, attracting major investments …