Tag: Cybersecurity
The AI-powered cybersecurity vendor is aiming for a 2025 IPO after achieving a $5.1 billion valuation, Abnormal Security CEO Evan Reiser tells CRN. Abnormal Security plans to use its newly announced funding infusion of $250 million to advance its cybersecurity platform powered by behavioral AI technologies and work toward going public late next year, Co-founder…
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Here are the top 25 companies on this year’s CRN Fast Growth 150 list, which ranks solution providers with gross annual sales of at least $1 million by their two-year growth rate. Overachievers These are challenging times for solution providers as they navigate both ongoing economic uncertainty and a rapidly changing technology landscape as artificial…
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Overall, this year’s Fast Growth 150 recorded an average two-year growth rate of 135 percent. That’s down a bit from the 145 percent average for the 2023 Fast Growth 150 class, but up from the 93 percent growth recorded by the 2022 Fast Growth 150. These are challenging times for solution providers as they navigate…
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The cybersecurity vendor says Delta did not accept offers of help amid the multi-day outage that impacted the airline. CrowdStrike is contending that Delta did not accept offers of help amid the multi-day outage that impacted the airline, following the cybersecurity vendor’s defective July 19 update. In a letter sent to an attorney who is…
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Comments from Delta CEO Ed Bastian this week seem to allege that the co-opetition between CrowdStrike and Microsoft may have played a role in the massive July 19 outage. For years, Microsoft and CrowdStrike have had what can only be described as a strange—and strained—relationship. This was true long before the global IT outage two…
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The cybersecurity vendor is looking to extend its SASE platform with the acquisition of ‘trailblazer’ Lacework, Fortinet says. Fortinet is looking to significantly extend its cybersecurity platform with the completion of the acquisition Friday of cloud security “trailblazer” Lacework, the company said. Terms of the agreement, which was initially announced June 10, have remained undisclosed.…
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Matters related to the widely felt July 19 outage have begun shifting into the legal sphere this week. Matters related to the widely felt July 19 outage caused by a faulty CrowdStrike update have begun shifting into the legal sphere this week. And this is where things are likely to remain for some time, according…
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The cybersecurity giant reported the recovery progress after the massive July 19 outage caused by its faulty update. CrowdStrike said 99 percent of Windows sensors for its Falcon platform are online, following the global outage caused by its faulty July 19 update. In an update to its Remediation and Guidance Hub site posted Wednesday, the…
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However, additional companies beyond Delta can be expected to consider legal action against CrowdStrike over the massive July 19 outage, according to a Wall Street analyst. It’s not expected that CrowdStrike will be found liable in a lawsuit that Delta is expected to file, though the distractions for the cybersecurity vendor are almost certain to…
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Microsoft CEO Satya Nadella was named this week as CRN’s No. 1 Most Influential Executive of 2024. Microsoft executives came armed with data to show a growing artificial intelligence business and assurances that the vendor’s growing expenses to meet AI demand are done responsibly during the tech giant’s fiscal 2024 fourth quarter earnings call Tuesday.…
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