Investors of CrowdStrike are suing the company in the hopes of making back some of the $25 billion it lost following the global cyber outage.
Its shareholders are furious and are looking for compensation, launching a class action lawsuit.A class action lawsuit has been brought to software company CrowdStrike by its own shareholders who are accusing the firm of making misleading statements about its software testing. This is after the company pushed a faulty update without prior testing that knocked down 8.5 million Windows PC worldwide in one fell swoop.
Insurers are estimating that companies around the world collectively lost $6 billion following the CrowdStrike outage, and discussions have arisen around the practical implications, and consequences of so many different companies using one single provider in CrowdStrike to operate multitudes of different essential services.
It said that the incident occurred during the “busiest travel weekend of the summer” for the airline.
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