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Read on Mastodon: https://infosec.exchange/@littlealex/112813425122476301 https://infosec.exchange/@littlealex/112813425122476301 The CEO of Crowdstrike, Georg
by 1024core 2y ago
Read on Mastodon: https://infosec.exchange/@littlealex/112813425122476301 https://infosec.exchange/@littlealex/112813425122476301
The CEO of Crowdstrike, George Kurtz, was the CTO of McAfee back in 2010 when it sent out a bad update and caused similar issues worldwide.
If at first you don't succeed, .... ;-) j/k
- BobbyTables2 2y agoI didn’t understand why in 2010, it didn’t seem to make most news… Took out the entire company where I worked. People thought it was a worm/virus — few minutes after plugging in laptop, McAfee got the DAT update, quarantined the file; which caused Windows to start countdown+reboot (leading to endless BSODs).
- localfirst 2y agoKurtz response is ridiculous blaming the customer on X. He will probably find another company to hire him as CEO tho. Just an upside down world in the C-suite world.
- BaldricksGhost 2y agoDon't forget the golden parachute. These guys always seem to fail upward.
- jeffrallen 2y agoThat guy is gonna fail all the way right up to the top. Sheesh.
- deleted 2y ago[deleted]
- bloopernova 2y agoWorth $3.7B, paid $148M in 2022. Edited to add: I wonder what the economic fallout from this will be? 10x his monetary worth? 100x? (not trying to put a price on the people who will die because of the outage; for that he and everyone involved needs to go to jail)
- mk89 2y agoNothing at all. He will be the guy that convinced the investors and stakeholders to pour more money into the company despite some world-wide incident. He deserves at least 3x the pay. PS: look at the stocks! They sank, and now they are gaining again value. People can't work, people die, flights get delayed/canceled because of their software.
- grahar64 2y ago"This is just a demonstration about how critical our software is and how undervalued we are. If the whole world economy requires us to run, we should be worth more" /s
- mk89 2y agoI am still waiting for someone saying how generative AI (= chatbots/copilot) would have solved this problem, or even "never let happen"...
- Salgat 2y agoGenerative AI would have mandated QA as best practice and to limit corporate liability.
- mk89 2y agoYeah well, obviously they don't need AI for that. "We have unit tests coverage of 99%". Let's be honest. :)
- Salgat 2y ago>I run a software company that deploys antivirus software automatically to customers' computers and servers. What should I be aware of as part of this and what actions should I ensure occur? I gave it this question and part of the steps included deploying to avoid peak hours to avoid potential disruptions (such as the weekend for businesses); including a way to detect deployment issues and easily rollback the software in case there is an issue; and testing the deployment in a controlled environment before rolling it out to all customers (this would include doing a small rollout before a larger one). All of these actions are very standard and all would have greatly helped in this situation.
- matrix87 2y agowho is hiring these fucking idiots? they need to be blacklisted
- hbn 2y agoReminds me of Phil Harrison who always seems to find himself in an of executive position, botching launches of new video game platforms - PlayStation 3, Xbox One, Google Stadia
- Zanneth 2y agoCrowdstrike is run by humans just like you and me. One mistake doesn’t mean they are completely incompetent.
- matrix87 2y agoThe CTO with a shitty track record, not the line employees. He deserves zero reprieve
- Salgat 2y agoMistakes are perfectly fine, that's why multiple layers of testing exist
- jjav 2y ago> Mistakes are perfectly fine, that's why multiple layers of testing exist Indeed. Or in the case of crowdstrike, should exist. Which clearly doesn't for them.
- Drygord 2y ago[flagged]
- 10rm 2y agoExcept this isn’t one mistake. Writing buggy code is a mistake. Not catching it in testing, QA, dogfooding or incremental rollouts is a complete institutional failure
- 2y ago
- SkyPuncher 2y agoEh. To be fair, the higher profile your job is, the more likely you'll be the face of one of these in your career.
- OsrsNeedsf2P 2y agoOk but he faced two
- financetechbro 2y ago“There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again.” - GWB
- anonymous8888 2y agofool me once...
- mvkel 2y agoIf anything, this just shows how short-term our memory is. I imagine crowdstrike stock will be back to where it was by the end of next week. I bet they don't even lose a meaningful amount of customers. Switching costs are too high. A real shame, and a good reminder that we don't own the things we think we own.
- akira2501 2y ago> this just shows how short-term our memory is. I've been out of IT proper for a while, so to me, I had to ask "the Russiagate guys are selling AV software now?"
- _heimdall 2y agoI don't partake in the stock market these days, but this is the kind of event that you can make good money betting the price will come back up. When a company makes major headlines for bad news like this investors almost always over react and drive the price too far down.
- caller9 2y agoI dunno. The stock price will probably dead cat bounce, but this is the sort of thing that causes companies to spiral eventually. They just made thousands of IT people physically visit machines to fix them. Then all the other IT people watched that happen globally. CTOs got angry emails from other C-levels and VPs. Real money was lost. Nobody is recommending this company for a while. It may put a dent in Microsoft as splash damage.
- _heimdall 2y agoMy (very unprofessional) guess here is that investors in the near term will discount the company too heavily and the previously overvalued stock will blow past a realistic valuation and be priced too low for a little while. The software and company aren't going anywhere as far as I can tell, they have far too much marketshare and use of CrowdStrike is often a contractual obligation. That said, I don't gamble against trading algorithms these days and am only guessing at what I think will happen. Anyone passing by, please don't take random online posts as financial advice.
- pseudopersonal 2y agoYet another successful loser who somehow continues to ascend corporate ranks despite poor company performance. Just shows how disconnected job performance is from C-suite peer reviews, a glorified popularity contest. Should add the unity and better.com folk here