British financial institutions must ensure by this spring that they could reasonably weather a third party tech outage on the scale of July's global meltdown of 8.5 million computers triggered by a faulty update from cybersecurity firm CrowdStrike.
CrowdStrike has countersued customer Delta Air Lines, accusing the airline of employing a lawsuit and seeking damages in "a desperate attempt to shift blame" for Delta's own IT inadequacies having exacerbated its outage, unlike "other major airlines" that quickly resumed operations.
Delta Air Lines filed an acerbic lawsuit Friday afternoon against CrowdStrike that likens the endpoint security vendor's botched July 19 update to hacking. The suit accuses the cybersecurity company of "installing an exploit in Delta systems" by automatically rolling out an update.
In the latest weekly update, ISMG editors discussed Microsoft's major cybersecurity overhaul in the wake of some high-profile breaches, the latest developments from CrowdStrike's global outage hearing and the expanding U.S.-led coalition against spyware abuse in the EU.
Adam Meyers, senior vice president for counter adversary operations at CrowdStrike, told lawmakers Tuesday the company suffered a global outage in July after its decade-old validation and testing processes failed to identify an "unexpected discrepancy" in the updated threat detection configurations.
In the latest weekly update, ISMG editors discussed the fallout from the CrowdStrike global IT outage on endpoint security tools, Mastercard's monumental acquisition of Recorded Future to bolster its cybersecurity portfolio, and the latest efforts by U.S. officials to secure the 2024 election.
Cutting kernel mode dependencies and adopting safe deployment practices will make endpoint systems more resilient and secure for Windows customers. Tuesday's meeting came two months after a faulty CrowdStrike update disrupted 8.5 million Windows machines and caused $5.4 billion in direct losses.
Cybersecurity firm CrowdStrike has yet to see any lawsuits get filed against it by customers, following its July 19 faulty software update crashing systems worldwide. Does that speak to the company having run a well-executed crisis management strategy?
The global disruption caused by a faulty CrowdStrike software triggering a kernel panic and computer meltdowns has led government agencies, experts and vendors to call for rethinking Windows operating system resiliency, including the deep-level OS access security tools now require.
SentinelOne's minimal reliance on the kernel, reduced dependency on cloud connectivity and use of behavioral AI for threat detection reduce the risk of system disruptions and offer a security edge over CrowdStrike, said SentinelOne CEO Tomer Weingarten.
In the latest weekly update, Information Security Media Group editors discussed how CrowdStrike's competitors are responding to its outage, why security vendors want to serve the unique needs of SMB organizations and the status of U.N. efforts to develop a treaty designed to combat cybercrime.
CEO George Kurtz said CrowdStrike has blunted the business impact from the massive July 19 outage and is implementing changes to prevent a repeat occurrence. CrowdStrike is boosting the resilience of its Falcon platform through improved content visibility and control and enhanced quality assurance.
Travelers in the Pacific Northwest's busiest airport should travel light and gird for extra levels of frustration in the aftermath of a suspected Saturday cyberattack. The Seattle-Tacoma International Airport said that systems "experienced certain system outages indicating a possible cyberattack."
The CrowdStrike outage exposed recovery challenges, highlighting cloud systems' resilience over physical infrastructure. Jonathan Hatzor, co-founder and CEO of Parametrix, advises CIOs and CISOs on strategies that can effectively manage, mitigate and transfer risks.
Delta Air Lines' war of words against CrowdStrike and Microsoft over its extended IT outage continue to escalate, with the airline threatening litigation to recover $500 million in lost revenue and expenses. CrowdStrike and Microsoft have pledged to vigorously fight any such litigation.
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