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==== Red Hat ====
==== Red Hat ====
On 4 June 2024, Red Hat released a solution article related to Kernel panics and the Falcon sensor process that impacted Red hat Enterprise Linux 9.4 using the 5.14.0 Kernel and a Crowdstrike Falcon sensor.<ref name=":0" /><ref>{{Cite web |date=2024-06-04 |title=Kernel panic observed after booting 5.14.0-427.13.1.el9_4.x86_64 by falcon-sensor process. |url=https://access.redhat.com/solutions/7068083 |access-date=2024-07-26 |website=Red Hat Customer Portal |language=en}}</ref>[[File:CrowdStrike BSOD at LGA.jpg|thumb|287x287px|Multiple [[blue screens of death]], caused by an update pushed by CrowdStrike, on airport luggage conveyor belts at [[LaGuardia Airport]], [[New York City]]]]
On 4 June 2024, Red Hat released a solution article related to Kernel panics and the Falcon sensor process that impacted [[Red Hat Enterprise Linux]] 9.4 using the 5.14.0 Kernel and a Crowdstrike Falcon sensor.<ref name=":0" /><ref>{{Cite web |date=2024-06-04 |title=Kernel panic observed after booting 5.14.0-427.13.1.el9_4.x86_64 by falcon-sensor process. |url=https://access.redhat.com/solutions/7068083 |access-date=2024-07-26 |website=Red Hat Customer Portal |language=en}}</ref>[[File:CrowdStrike BSOD at LGA.jpg|thumb|287x287px|Multiple [[blue screens of death]], caused by an update pushed by CrowdStrike, on airport luggage conveyor belts at [[LaGuardia Airport]], [[New York City]]]]


==See also==
==See also==

Revision as of 09:00, 19 August 2024

This article is about the company. For the widespread IT system outage in July 2024, see 2024 CrowdStrike incident.
CrowdStrike Holdings, Inc.
Company typePublic
IndustryInformation security
Founded2011; 13 years ago (2011)
Founders
Headquarters
Austin, Texas
,
United States
Key people
  • George Kurtz (CEO)
  • Michael Sentonas (President)[1]
RevenueIncrease US$3.06 billion (FY24)
Negative increase US$−2 million (FY24)
Increase US$89.3 million (FY24)
Total assetsIncrease US$6.65 billion (FY24)
Total equityIncrease US$2.30 billion (FY24)
Number of employees
7,925 (FY24)
Websitewww.crowdstrike.com Edit this at Wikidata
Footnotes / references
Financials as of fiscal year ended January 31, 2024.
References:[2]

CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.[3]

The company has been involved in investigations of several high-profile cyberattacks, including the 2014 Sony Pictures hack, the 2015–16 cyberattacks on the Democratic National Committee (DNC), and the 2016 email leak involving the DNC.[4][5] On July 2024, it issued a faulty update to its security software that caused global computer outages that disrupted air travel, banking, broadcasting, and other services.[6][7][8]

History

Founding: 2011–2019

CrowdStrike was co-founded in 2011 by George Kurtz (CEO), Dmitri Alperovitch (former CTO), and Gregg Marston (CFO, retired).[9][10][11][12] The following year, they hired Shawn Henry, a former Federal Bureau of Investigation (FBI) official, to lead the subsidiary CrowdStrike Services, Inc., which offered security and response services.[13][14] The company launched CrowdStrike Falcon, an antivirus package, as its first product in June 2013.[15][16]

In May 2014, CrowdStrike's reports helped the United States Department of Justice to charge five Chinese military hackers with economic cyber espionage against U.S. corporations.[17] CrowdStrike also uncovered the activities of Energetic Bear, a group connected to Russia's Federal Security Service that conducted intelligence operations against global targets, primarily in the energy sector.[18]

After the Sony Pictures hack, CrowdStrike uncovered evidence implicating the government of North Korea and demonstrated how the attack was carried out.[19] In 2014, CrowdStrike helped identify members of Putter Panda, the state-sponsored Chinese group of hackers also known as PLA Unit 61486.[20][21]

In May 2015, the company released information about VENOM, a critical flaw in an open-source hypervisor called Quick Emulator (QEMU) that allowed attackers to access sensitive personal information.[22][23] In October 2015, CrowdStrike announced that it had identified Chinese hackers attacking technology and pharmaceutical companies around the time that U.S. President Barack Obama and China's leader Xi Jinping publicly agreed not to conduct economic espionage against each other. The alleged hacking would have been in violation of that agreement.[24]

In July 2015, Google invested in the company's Series C funding round, which was followed by Series D and Series E, raising a total of $480 million as of May 2019.[25][26][27]

In 2017, the company reached a valuation of more than $1 billion with an estimated annual revenue of $100 million.[28] In June 2018, the company said it was valued at more than $3 billion.[26] Investors include Telstra, March Capital Partners, Rackspace, Accel Partners and Warburg Pincus.[29][30]

In June 2019, the company made an initial public offering on the Nasdaq.[31][32]

Acquisitions: 2020–2024

In September 2020, CrowdStrike acquired zero trust and conditional access technology provider Preempt Security for $96 million.[33] In February 2021, the company acquired Danish log management platform Humio for $400 million with plans to integrate Humio's log aggregation into CrowdStrike's XDR offering.[34] Later that November, CrowdStrike acquired SecureCircle, a SaaS-based cybersecurity service that extends zero trust endpoint security to include data.[35] In December 2021, the company moved its headquarters location from Sunnyvale, California, to Austin, Texas.[36] In 2023, CrowdStrike introduced CrowdStream service in collaboration with Cribl.io.[37] CrowdStrike has also focused on working with the U.S. government and selling its services to government agencies.[38] CrowdStrike joined the S&P 500 index in June 2024.[39] In 2023, CrowdStrike acquired Israeli cybersecurity startup Bionic.ai.[40] In 2024, CrowdStrike acquired Israeli startup Flow Security.[41]

Russian hacking investigations

CrowdStrike helped investigate the Democratic National Committee cyberattacks and a connection to Russian intelligence services. On 20 March 2017, James Comey testified before congress stating, "CrowdStrike, Mandiant, and ThreatConnect review[ed] the evidence of the hack and conclude[d] with high certainty that it was the work of APT 28 and APT 29 who are known to be Russian intelligence services."[42] Comey previously testified in January 2017 that a request for FBI forensics investigators to access the DNC servers was denied, saying "Ultimately what was agreed to is the private company [CrowdStrike] would share with us what they saw."[43]

In December 2016, CrowdStrike released a report stating that Russian government-affiliated group Fancy Bear had hacked a Ukrainian artillery app.[44] They concluded that Russia had used the hack to cause large losses to Ukrainian artillery units. The app (called ArtOS) is installed on tablet PCs and used for fire-control.[45] CrowdStrike also found a hacked variation of POPR-D30 being distributed on Ukrainian military forums that utilized an X-Agent implant.[46]

The International Institute for Strategic Studies rejected CrowdStrike's assessment that claimed hacking caused losses to Ukrainian artillery units, saying that their data on Ukrainian D30 howitzer losses was misused in CrowdStrike's report. The Ukrainian Ministry of Defense also rejected the CrowdStrike report, stating that actual artillery losses were much smaller than what was reported by CrowdStrike and were not associated with Russian hacking.[47] Prior to this, CrowdStrike had published a report claiming that malware used in Ukraine and against the Democratic National Committee (DNC) appeared to be unique and identical, further evidence for a Russian origin of the DNC attack.[48]

Cybersecurity firm SecureWorks discovered a list of email addresses targeted by Fancy Bear in phishing attacks. The list included the email address of Yaroslav Sherstyuk, the developer of ArtOS.[49] Additional Associated Press research supports CrowdStrike's conclusions about Fancy Bear.[50] Radio Free Europe notes that the AP report "lends some credence to the original CrowdStrike report, showing that the app had, in fact, been targeted."[51]

In the Trump–Ukraine scandal, Donald Trump, then the president of the United States, held a 25 July 2019, phone call with Volodymyr Zelensky, the president of Ukraine, in which Trump asked Zelensky to look into a conspiracy theory that was being promoted on far-right websites such as Breitbart News and Russian state media outlets such as Russia Today and Sputnik.[52] The theory held that namely, that the Ukrainian government used CrowdStrike to hack into the Democratic National Committee's servers in 2016 and frame Russia for the crime to undermine Trump in the 2016 presidential election.[53][54] The conspiracy theory has been repeatedly debunked.[55][56][57]

2024 CrowdStrike incident

Main article: 2024 CrowdStrike incident

On 19 July 2024, CrowdStrike released a software configuration file update to the vulnerability scanner Falcon Sensor. Flaws in the update caused blue screens of death on Microsoft Windows machines, disrupting millions of Windows computers worldwide.[58][59] Affected machines were forced into a bootloop, making them unusable. This was caused by an update to a configuration file, Channel File 291, which CrowdStrike says triggered a logic error and caused the operating system to crash.[60] The downtime caused a widespread global impact, grounding commercial airline flights, temporarily taking Sky News and other broadcasters offline, and disrupting banking and healthcare services as well as 911 emergency call centers.[8][61]

By the end of the day, CrowdStrike shares closed trading at a price of $304.96, down $38.09 or 11.10%.[62]

Although CrowdStrike issued a patch to fix the error, computers stuck in a bootloop were unable to connect to the Internet to download the patch before Falcon would be loaded and crash the device again. The recommended solution from CrowdStrike was to boot into safe mode or Windows Recovery Mode and manually delete Channel File 291.[63] This requires local administrator access and if the device was encrypted by BitLocker, also required a recovery key.[64] Microsoft reported that some customers were able to remediate the issue solely by rebooting impacted devices up to 15 times.[65] On 22 July 2024, CrowdStrike shares closed the trading day at a price of $263.91, with a loss of $41.05 or 13.46%.[66] On 24 July 2024, CrowdStrike reportedly contacted affected channel partners with apology emails containing Uber Eats gift cards worth $10.[67][68][69]

CrowdStrike won the 2024 Pwnie Awards for the Most Epic Fail.[70]

Previous issues

As a result of the 2024 incident, similar issues affecting Linux distributions in the past then came to light on internet forums. At times these have been relatively isolated, affecting a specific application[71][user-generated source][72][user-generated source] or operating system that is not as widely deployed as others.[73]

Debian

A Hacker News user claimed that on the evening of Friday, 19 April 2024, that Crowdstrike issued a flawed software update that crashed computers running Debian Linux builds and kept them from rebooting normally. The user also claims that CrowdStrike acknowledged the bug a day later and weeks later determined the cause.[74][75][user-generated source]

Rocky Linux

On 13 May 2024, it was reported on the Rocky Linux forums that servers with CrowdStrike software may freeze after upgrading to Rocky Linux 9.4.[76][user-generated source] CrowdStrike reported that they were aware of the problem[77] as it was the same issue due to a Linux Sensor in user mode combined with specific 6.x kernel versions.[74][77]

Red Hat

On 4 June 2024, Red Hat released a solution article related to Kernel panics and the Falcon sensor process that impacted Red Hat Enterprise Linux 9.4 using the 5.14.0 Kernel and a Crowdstrike Falcon sensor.[74][78]

Multiple blue screens of death, caused by an update pushed by CrowdStrike, on airport luggage conveyor belts at LaGuardia Airport, New York City

See also

References

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  70. ^ Some of you may already be aware but due to extenuating circumstances we've made an early award!
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  • Official website Edit this at Wikidata
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