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I'm actually surprised the damage value I'm hearing about is not even $10B , I guess most of the downtime was on the weekend, but such a large scale 1-3 busines
by notepad0x90 2y ago
I'm actually surprised the damage value I'm hearing about is not even $10B , I guess most of the downtime was on the weekend, but such a large scale 1-3 business day outage I'd think would a lot more. or perhaps it is because most small and medium businesses don't have crowdstrike because it is too expensive and they were not affected. Or another reason might be, indirect losses like the impact of delayed flights on individuals is not being considered.
I think if the total liability for Crowdstrike is less than a few years worth of revenue, they'll come out unscathed because as I understand, they are still not profitable, their valuation is purely on speculation on future revenue. Their biggest paying customers still care a lot about getting compromised, it isn't just a box checking exercise like many have suggested.