BFM Podcast

Crowdstrike Strikes Out

Tan KW
Publish date: Fri, 26 Jul 2024, 01:56 PM
Crowdstrike Strikes Out

26-Jul-24 07:45

Dan Ives, Managing Director, Wedbush Securities

Last week, 8.5 million Windows devices worldwide went down due to a botched update from Crowdstrike, an American cybersecurity firm that is also a global leader in the sector. With flights disrupted, hospital operations cancelled and stock trading paused, the losses run into the billions. Dan Ives, Managing Director, Wedbush Securities tells us what impact it has on the company and also if the bull run on the tech sector is over after a recent correction.

Image Credit: shutterstock.com

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