Company says it will vigorously defend claim by pension fund that its stock
price was kept artificially high
CrowdStrike, the cybersecurity company behind July’s mass computer outage around
the world, has been issued with an investor lawsuit accusing it of defrauding
investors.
The class action suit, filed in Texas by Plymouth County Retirement Association,
a pension fund, argues that CrowdStrike misled investors by attesting that the
company’s technology was “validated, tested and certified”. In fact, the
investors say, CrowdStrike’s software was no such thing.
Continue reading...
Tag - Windows
Widespread outage linked to Windows workstations has affected major companies,
including the ABC and Sky News Australia
Businesses including banks, airlines, telecommunications companies, TV and radio
broadcasters, and supermarkets have been taken offline after blue screen of
death error screens were seen on Windows workstations across the globe.
Users in Australia began reporting issues early on Friday afternoon AEST,
stating they’d been locked out of their workstations. Australian banking apps
and supermarket systems were also affected. Australian broadcasters the
Australian Broadcasting Corporation and Sky News confirmed they were having
broadcast difficulties as a result.
Continue reading...