CrowdStrike and Carahsoft's Controversial Software Deal with the IRS

Reported about 1 month ago

CrowdStrike and Carahsoft entered a $32 million agreement for cybersecurity software intended for the IRS, but the agency never purchased it. This non-cancellable order led to scrutiny due to potential discrepancies in revenue recognition and concerns about pre-booking. Despite ongoing payments from Carahsoft, the lack of a direct IRS contract and the deal's implications have raised red flags among legal experts and within CrowdStrike itself.

Source: YAHOO

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