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CrowdStrike Holdings, Inc. (symbol: CRWD) is a premier player in the field of cloud-delivered cybersecurity solutions. Founded in 2011 and headquartered in Texas, CrowdStrike has distinguished itself by offering next-generation endpoint protection. The company's flagship product, the Falcon platform, provides a comprehensive, single-pane-of-glass view for enterprises to detect and respond to security threats effectively.
CrowdStrike has revolutionized cybersecurity by being the first and only company to unify next-generation antivirus (AV), endpoint detection and response (EDR), and a 24/7 managed hunting service—all through a single lightweight agent. This trifecta of services ensures robust protection against sophisticated threats and breaches.
The company boasts a diverse clientele that includes three of the 10 largest global companies by revenue, five of the top 10 financial institutions, three of the top 10 healthcare providers, and three of the top 10 energy companies. These partnerships attest to CrowdStrike's reliability and efficacy in the cybersecurity domain.
In 2019, CrowdStrike went public, marking a significant milestone in its journey. Since then, the company has continued to expand its offerings and improve its Falcon platform with cutting-edge features and capabilities. CrowdStrike's financial performance has reflected its growth trajectory, showing strong revenue growth and increased market adoption.
Explore more about CrowdStrike's innovations, partnerships, and services by visiting their official website or following them on Twitter. Stay updated with the latest developments through their blog.
CrowdStrike (CRWD) has released its 2023 Global Threat Report, highlighting significant trends in cybersecurity threats. The report identifies a 71% increase in malware-free attacks and notes a 112% rise in access broker ads on the dark web. Notably, cloud exploitation incidents surged 95%, with 'cloud-conscious' threat actors tripling in number.
Additionally, 33 new adversaries were identified, marking the highest increase in a year. The average breakout time for eCrime actors is now 84 minutes, down from 98 minutes in 2021. The report underscores escalating risks, particularly from China and eCrime groups.
CrowdStrike (NASDAQ: CRWD) has been recognized as the leader in the endpoint security market by IDC, marking the third consecutive year it secured the top position in their Worldwide Modern Endpoint Security Market Shares report. The report highlighted CrowdStrike's significant increases in endpoint revenue and market share compared to 25 other vendors. Additionally, the company received the 2023 SE Labs Award for Best EDR for the third time, showcasing its commitment to innovation in cybersecurity solutions. With over 21,000 customers relying on its Falcon platform, CrowdStrike aims to streamline security operations in a growing threat landscape.
CrowdStrike (NASDAQ: CRWD) launched its first commercial during the Big Game, targeting over 100 million viewers with their Protection That Powers You campaign. The ad highlights the importance of cybersecurity in the face of escalating cyber threats. CrowdStrike, known for its innovative cybersecurity solutions, reported an impressive $2.3 billion in annual recurring revenue (ARR) as of October 2022, serving over 20,000 customers globally, including numerous Fortune 500 companies. The 30-second spot was produced in collaboration with leading media firms and aims to reinforce the company's mission to stop breaches and secure digital landscapes.
CrowdStrike (Nasdaq: CRWD) has promoted Michael Sentonas to president, previously serving as CTO since 2020. He will lead product and go-to-market functions to enhance growth, aligning sales, marketing, and engineering teams. This move aims to consolidate customer cybersecurity needs through a robust platform encompassing XDR, cloud security, and identity protection. Sentonas emphasizes the company's promise to redefine cybersecurity, leveraging a lightweight, cloud-native architecture for optimal performance. He reports to co-founder and CEO George Kurtz, underscoring a commitment to scaling CrowdStrike’s operations further.
CrowdStrike Holdings (CRWD) will release its financial results for Q4 and fiscal year 2023, ending January 31, 2023, on March 7, 2023, post-market close. A conference call will follow at 2:00 PM PT (5:00 PM ET) to discuss the results. Investors can pre-register for the call and access a live webcast on the CrowdStrike investor relations website. The company is recognized as a global cybersecurity leader, delivering cloud-based protection for endpoints and data. The CrowdStrike Falcon platform leverages AI technology to enhance security performance through rapid deployment.
CrowdStrike (Nasdaq: CRWD), a leader in cloud-delivered cybersecurity, has appointed Johanna Flower to its board of directors. Flower brings extensive expertise in cybersecurity and governance, having previously served as CrowdStrike's first chief marketing officer and played a crucial role in its 2019 IPO. Her experience on other boards, including Freshworks (Nasdaq: FRSH) and ForgeRock (NYSE: FORG), is expected to benefit CrowdStrike's continuous growth as a market leader. CEO George Kurtz highlighted her deep understanding of the company and its evolving needs.
CrowdStrike (Nasdaq: CRWD) announced key executive appointments to bolster its go-to-market and product strategies.
CrowdStrike (Nasdaq: CRWD) has achieved a remarkable milestone by securing the #15 position on the Glassdoor Employees’ Choice Award for 2023, marking its first appearance on this esteemed list. This recognition is significant as it stems from employee feedback, highlighting CrowdStrike's commitment to cultivating a positive work environment. J.C. Herrera, the company's chief human resources officer, emphasizes the importance of their culture dedicated to mission-focused teamwork. The award underscores CrowdStrike's reputation as a top employer in the cybersecurity sector.
CrowdStrike (Nasdaq: CRWD) has been recognized as a Leader in Frost & Sullivan's 2022 Frost Radar for Global Cyber Threat Intelligence. The report highlights that CrowdStrike's market share exceeds 15% with impressive growth rates. Leveraging the CrowdStrike Falcon platform, the company offers automated, actionable intelligence, visibility into threats, and insights into emerging campaigns. This recognition underlines CrowdStrike's commitment to innovation and its unique position in the cybersecurity market.
CrowdStrike (Nasdaq: CRWD) announced the launch of CrowdStrike Falcon Surface, enhancing its Falcon platform with External Attack Surface Management (EASM) capabilities. This module offers real-time discovery of internet exposures by leveraging robust adversary intelligence. It aims to provide organizations with continuous visibility of external risks, tailored insights, and actionable remediation steps. The integration of EASM with existing CrowdStrike products is expected to drive cost efficiencies and improve overall security posture, marking a significant advancement in external attack surface management.
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