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hanno

Actually, the value of Citrix rose after that: marketscreener.com/quote/stock These things have no consequences for these companies, it's a completely broken market. I'm reading news that crowdstrike's value dropped, I have doubts that this will be permanent.

13 comments
Bálint Szilakszi

@hanno not if major news orgs don’t even get the company name right:

LinuxUserGD

@szbalint @hanno Seems to be technically right because the BSOD is a Microsoft Windows outage

Ash_Crow

@HugeGameArtGD @szbalint @hanno it's still caused by a third party software. Had they broken their Linux updater instead of the Windows one, we would get kernel error screens.

LinuxUserGD

@Ash_Crow @szbalint @hanno
The title is misleading, though Cloudstrike is mentioned later in the article.
"The outage has been blamed on a security update from US group CrowdStrike, which caused a problem with Microsoft’s Windows."
archive.is/20240719080823/http

MarvinFreeman

@Ash_Crow @HugeGameArtGD @szbalint @hanno Serious question: Why is #cloudstrike deployed almost everywhere with windows? Is it pushed by MS? Or recommended? Or packaged with MS products?

Ash_Crow

@horse @MarvinFreeman @HugeGameArtGD @szbalint @hanno It's also not deployed everywhere. It seems like it is used by "nearly 60% of Fortune 500 companies and more than half of the Fortune 1,000 ", per en.wikipedia.org/wiki/2024_Cro

👻👻 Flippin' spook, Tucker!

@MarvinFreeman @Ash_Crow @HugeGameArtGD @szbalint @hanno It's not by any means deployed everywhere with WIndows. They have almost no market impact in the consumer space, for example, which is why millions of people turned on their home Windows machines today and had no problems at all.

But in the business world, there are only a few companies offering that sort of product. So let's say they have a (guessing) 10% market share -- that means 10% of businesses will be hit by the problem. That's a lot of high-visibility outages.

@MarvinFreeman @Ash_Crow @HugeGameArtGD @szbalint @hanno It's not by any means deployed everywhere with WIndows. They have almost no market impact in the consumer space, for example, which is why millions of people turned on their home Windows machines today and had no problems at all.

But in the business world, there are only a few companies offering that sort of product. So let's say they have a (guessing) 10% market share -- that means 10% of businesses will be hit by the problem. That's a lot...

Felix Dreissig

@hanno As long as everyone is affected, nobody did much wrong. 🤷‍♂️

Dan Veditz

@F30 @hanno

As people said last century, "Nobody gets fired for buying IBM."

Adam Dalliance

@hanno Thousands of investors have now heard of CrowdStrike who had never heard of it before, and the stock is at 20% discount!

Steve Canon

@hanno shows dumb money that doesn't understand what they do how widely used their product is.

Charles U. Farley

@hanno Having worked in tech for 30 years and for multiple security companies, I 100% agree. Google is the only one I've worked for that comes close to being the exception, and I think it's just because their security expertise is hard won in keeping *themselves* secure.

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