Reported about 1 month ago
CrowdStrike Holdings reported a $60 million setback in its sales pipeline due to a software update failure that caused significant operational disruptions, including stranding travelers and interrupting daily business. Despite this setback, CEO George Kurtz expressed confidence that the company will secure contracted sales by January 2025, as customers remain supportive of its cybersecurity solutions. He acknowledged the incident's impact on the company's reputation but reassured stakeholders of a commitment to preventing future outages.
Source: YAHOO