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RIP Jeff Immelt. Not sad to see this guy go.
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They'll be fine.
Crowdstrike is not going anywhere. They own too much of the market and there is not another company ready to step up and take their spot. And Microsoft and other companies will have no interest in making any major changes. They will be apologetic for a few days and it will be business as normal. Heck, if there is another major world changing event this weekend everyone will have forgotten about today's outrage by Monday.
Lol and then Biden dropped the 🎤
I doubt this will be forgotten so quickly. After them walking back their claims of Russian involvement in the election and now a simple update causing the largest IT outage in history I doubt very much that they will come out of this unscathed and reputation intact. Time will tell.
I think that’s why the findings of the postmortem will be interesting. I am sure many will wonder how accurate it is irrespective of the findings. At this stage it looks like an update was pushed out with next to no testing. In days and weeks to come we will probably learn if any deaths are being attributed to this especially with the impact to 911 calls.
Most industries outside of tech are oblivious to what transpired. It’s business as usual for them, their thought process is, call the it guy and let them reboot the system. It’s only a big deal for tech industry. Thankfully this didn’t cause major accident. Also as someone mentioned crowdstrike is too big of a player in edr space.
I agree. I spend all day talking to companies, the vast majority aren’t tech and every single one mentioned the outage yesterday.
Isn't that interesting?🧐
"two insiders dodged the bullet, selling millions of dollars of shares days before."
https://www.barrons.com/articles/crowdstrike-insiders-sold-stock-cac5e509
You get your info from news headlines? This article is behind a paywall.
tbtf too big to fail. Ubiquitous
They're too big and too ingrained in many huge firms to be allowed to go under.
They will be fine. They are too embedded into existing systems and processes. A corporation can’t easily replace a product like this… and there is no guarantee that the next guy will not cause a similar incident. Generally speaking, it’s not a matter of if, it’s a matter of when.
Crowd strike will most likely not share any details from the post mortem due to legal reasons. I’m baffled that something could even be pushed to prod with minimal to no testing - they should have more rigor at this point.
Government might get involved to put more regulations in place but that would take a long time knowing that they move at a glacial pace…
Anyway, crowd strike will be fine… probably will deal with a few lawsuits and contract-related penalties but they are not going anywhere.
Lots of contracts will be reviewed…they will have to pay financial penalties but they’ll be fine after all of this ends. They aren’t likely going anywhere
Id hate to be the guy that said to himself/ herself I wonder what this does?