Tag: Cloud Security
New data from cloud insurance firm Parametrix sheds light on the financial cost of the massive CrowdStrike outage last week that affected millions of Microsoft devices. The massive CrowdStrike outage that affected millions of Microsoft devices is predicted to cost U.S. Fortune 500 companies $5.4 billion in total direct financial loss, with an average loss…
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‘We did send these to our teammates and partners who have been helping customers through this situation,’ according to a CrowdStrike spokesperson. CrowdStrike has confirmed to CRN that it sent partners Uber gift cards that stopped working – a gesture of appreciation mocked online as the cybersecurity vendor and solution providers deal with the fallout…
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The HashiCorp acquisition, GenAI and Red Hat taking on VMware are likely to come up. Updates on the HashiCorp acquisition. Details on IBM’s approach to the artificial intelligence gold rush. And IBM subsidiary Red Hat taking on VMware and legacy virtualization vendors. These are just some of the topics analysts will likely bring up Wednesday…
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‘It reinforced that [Desktop-as-a-Service] technology has its benefits to quickly recover from situations like this,’ says Nerdio co-founder and CEO Vadim Vladimirskiy. The recent faulty CrowdStrike update that downed about 8.5 million Microsoft Windows machines helped show the power of virtualization when it comes to recovering from cybersecurity incidents and outages, said Nerdio co-founder and…
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The company has a rare opportunity ahead: To become the next cybersecurity giant. Yes, $23 billion is a lot of money to turn down. But in spurning Google’s acquisition offer, I believe Wiz is positioning itself for something even bigger—and even rarer to achieve—in the cybersecurity industry. Given the stunning growth of the cloud security…
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The discussions have fallen apart as Wiz seeks to remain independent, Wiz’s CEO reportedly told employees Monday. Google’s bid to acquire Wiz has disintegrated as the cloud security vendor seeks to remain independent, Wiz’s CEO reportedly told employees Monday. Last week, multiple media reports pointed to advanced talks around Google parent Alphabet acquiring Wiz for…
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‘Over the weekend, we saw about 50 new email domains that were purchased by cybercriminals to impersonate CrowdStrike,’ HacWare CEO Tiffany Ricks tells CRN. Phishing emails have been circulating around inboxes after news of the CrowdStrike IT outage with scammers impersonating support teams to remediate the issue, and HacWare CEO Tiffany Ricks said the messages…
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‘As a follow-up to the CrowdStrike Falcon agent issue impacting Windows clients and servers, Microsoft has released an updated recovery tool with two repair options to help IT admins expedite the repair process,’ Microsoft says. Following the faulty CrowdStrike update that caused chaos for millions of Microsoft customers and businesses, the software giant has now…
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Following a CrowdStrike error that caused global IT problems for millions of people, CrowdStrike’s stock is not showing signs of being impacted. Despite a massive defective software incident by CrowdStrike that caused chaos for hospitals, airlines, emergency contact centers and businesses across the world, CrowdStrike’s stock (CRWD) appears to be relatively unscathed by the news…
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‘We’re helping by offering community support, helping with recovery plans, offering up our staff to augment the MSSPs and helping wherever we can,’ says Marc Menzies, president and CTO of Overview Technology Solutions. ‘We’re saying, “Hey, I know that everyone’s morning is messed up, ours is now messed up too but we’re here to help…
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