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Global IT outage results in lawsuit against CrowdStrike

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August 1, 2024
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Shareholders of CrowdStrike, a cyber security company, have filed a lawsuit against the firm for allegedly defrauding investors by withholding information about flaws in its software testing. This comes after a software update released by the company caused a global IT outage on 19 July, affecting over eight million computers and disrupting businesses worldwide. CrowdStrike CEO George Kurtz…

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