Legal News @lemmy.zip BrikoX @lemmy.zip 4mo ago

CrowdStrike sued by investors over massive global IT outage

www.bleepingcomputer.com Just a moment...

Cybersecurity company CrowdStrike has been sued by investors who say it provided false claims about its Falcon platform after a bad security update led to a massive global IT outage causing the stock price to tumble almost 38%.

7 comments

Good. Having bad devops that causes sysadmins grief should hurt financials and pressure every company to provide a better product.
- They should be liable to customers for massive damages, absolutely.
  
  Not to fucking shareholders.
- I don't disagree but I think an even bigger problem is that the OS allowed this to happen in the first place.
  
  I've said this but people insist that it's a physical impossibility to prevent drivers from killing the operating system. You know even though safe mode does exist and enabling safe mode did fix the problem. Apparently auto enabling safe mode is Impossible.
  
  The OS operated like it was supposed to. MS is forced to allow this level of access. All OS’s would have halted in this manner, by design.
  
  If Ms prevents access at this level they have problems with anticompetitive regulations.
Investing comes with risks. Sounds like they're sour about being on the losing end for once.

7 comments