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  3. The outage was caused by a faulty update deployed by CrowdStrike to computers running the Microsoft Windows operating system. CrowdStrike has clarified that the issue wasn't caused by "a security incident or cyberattack."
    finance.yahoo.com/news/why-crowdstrike-crwd-sto…
    With a new update that it rolled out, CrowdStrike inadvertently triggered system locks for hardware using Microsoft 's Windows operating system. The issue has caused massive global outages for information technology systems, and investors are dumping the company's stock in response.
    www.fool.com/investing/2024/07/19/why-crowdstrik…
    CrowdStrike said the outage was not caused by a cyberattack, but was the result of a “defect” in a software update for its flagship security product, Falcon Sensor. The defect caused any Windows computers that Falcon is installed on to crash without fully loading.
    techcrunch.com/2024/07/19/what-we-know-about-c…
    Shares of CrowdStrike Holdings (CRWD -1.06%) were down 3% as of 12:17 p.m. ET on Monday. The stock fell along with the broader market today, especially with CrowdStrike warning in its last earnings report that some customers are pushing back their subscription plans.
    www.fool.com/investing/2022/12/05/why-crowdstrik…

    Wells Fargo analyst Andrew Nowinski lowered his price target for CrowdStrike stock today in expectation of higher legal fees in the near future, among other things, according to Investing.com. Guggenheim analyst John DiFucci lowered his price target because he expects potential customers to be reluctant to sign new deals for a while, until there's greater certainty that CrowdStrike won't make a mistake as big as the one it made...

    finance.yahoo.com/news/why-crowdstrike-stock-cr…
     
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