Reported 3 months ago
CrowdStrike's shares fell over 8% following news that Delta Air Lines plans to seek compensation over a recent IT outage that caused significant flight cancellations. The global cyber incident, which was linked to CrowdStrike's software malfunction, has resulted in Delta canceling thousands of flights and prompted concerns among clients about future spending on the cybersecurity firm's services. Analysts predict that the damages from this incident could diminish customer trust in CrowdStrike's platforms.
Source: YAHOO