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In February 2021, the company acquired Danish log management platform Humio for $400 million with plans to integrate Humio's log aggregation into CrowdStrike's XDR offering. [34] Later that November, CrowdStrike acquired SecureCircle, a SaaS-based cybersecurity service that extends zero trust endpoint security to include data. [ 35 ]
Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in over 150 countries ...
Data by YCharts. CrowdStrike's P/E ratio is about 10x higher than Palo Alto Networks', even after its share price dropped due to the July 19 outage. This indicates Palo Alto Networks' stock is a ...
George Kurtz (born May 5, 1965) is an American businessman. He is the CEO of the cybersecurity company CrowdStrike, which he co-founded with Dmitri Alperovitch.. In 2024, his company CrowdStrike crashed millions of Windows computers around the world, causing billions of dollars in economic losses in what has been called the largest outage in the history of information technology.
CrowdStrike's customers tend to start off small and progressively adopt more software modules. In Q1, companies using eight or more modules from CrowdStrike were up 95% year over year. This allows ...
CrowdStrike stock is up 56% since the beginning of this year. But it's a different story over the last 12 months, with shares of the cybersecurity company facing a decline of over 4%.
The XDR system helps organizations to have a higher level of cyber awareness, enabling cyber security teams to identify and eliminate security vulnerabilities. [4] [10] The XDR improves the malware detection and antivirus capabilities over the endpoint detection and response (EDR) system. XDR improves on the EDR capabilities to deploy high ...
In five years, most people will probably forget about the outage. And CrowdStrike will be just another cybersecurity firm in a very fast-growing industry. And business is booming. First-quarter ...