Crowdstrike Holdings Stock Price, News & Analysis

CrowdStrike (CRWD) has been recognized as a Leader in Frost & Sullivan’s inaugural Frost Radar report for Cloud-Native Application Protection Platform (CNAPP). The report highlights CrowdStrike as one of the fastest-growing cloud security vendors. Its CNAPP solution, which combines agent-based and agentless capabilities, ensures organizations can effectively detect and prevent cloud misconfigurations. Additionally, CrowdStrike's managed service offerings, including Falcon OverWatch Cloud Threat Hunting, contribute to its competitive edge. This recognition validates the company's growth strategy in the cloud security sector.

CrowdStrike, a leader in cloud-delivered cybersecurity, has been recognized as a winner of the 2022 CRN Tech Innovator Awards for its Cloud Native Application Protection Platform (CNAPP). This recognition highlights CrowdStrike's agent-based and agentless solutions for comprehensive cloud security, providing improved visibility, compliance, and threat intelligence. The awards celebrate technology vendors making significant impacts in digital transformation, underlining the importance of innovative products in the IT space.

CrowdStrike (NASDAQ: CRWD) announced its impressive performance in the inaugural MITRE Engenuity ATT&CK Evaluations, achieving 99% detection coverage of adversary behavior from 16 evaluated vendors. The CrowdStrike Falcon platform identified 75 out of 76 adversary techniques related to the Iranian government-aligned group, OilRig. The evaluation showcased the platform's Managed Detection and Response service, which provides rapid identification and response capabilities. The results reaffirm CrowdStrike's leadership in EDR/XDR solutions, emphasizing its effectiveness and ease of use for organizations globally.

CrowdStrike Holdings, Inc. (CRWD) will release its fiscal Q3 2023 financial results on November 29, 2022, after 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 online to receive dial-in information. The company, a leader in cybersecurity, specializes in cloud-delivered endpoint protection powered by its Falcon platform. More information is available on the CrowdStrike investor relations website.

CrowdStrike (NASDAQ: CRWD) announced that its CrowdStrike Falcon platform achieved a AAA rating in SE Labs’ inaugural Enterprise Advanced Security Ransomware test. The platform successfully detected and blocked 100% of ransomware files during rigorous testing with 270 variations and complex attacks. With an 82% increase in ransomware data leaks reported, the need for CrowdStrike's protection is critical. The Falcon platform's machine learning capabilities enhance threat detection and prevention, solidifying the company's market dominance.

CrowdStrike (NASDAQ: CRWD) and EY have expanded their alliance to enhance DevSecOps by integrating CrowdStrike Cloud Security and Falcon LogScale services. This partnership aims to assist global clients in fortifying their cloud security and observability capabilities. Notable benefits include secure migration to the cloud, risk reduction for crucial workloads, and improved incident response times. The new offerings are now available to customers, helping organizations tackle emerging cyber threats more effectively.

CrowdStrike (NASDAQ: CRWD) has announced its acquisition of Reposify Ltd., enhancing its external attack surface management (EASM) capabilities. This acquisition aims to provide an adversarial view of organizational risks by scanning the internet for exposed assets. The deal, which will be predominantly cash-based, is expected to close in CrowdStrike's fiscal third quarter, pending customary conditions. Reposify's technology will bolster CrowdStrike's Threat Intelligence and Security and IT Operations product suites, offering comprehensive visibility into vulnerabilities, ultimately fortifying security postures for customers.

CrowdStrike (CRWD) announced a partnership with Coalition to offer the CrowdStrike Falcon platform to Coalition's 160,000 cyber insurance policyholders. This collaboration aims to enhance cybersecurity measures and help policyholders meet key insurance policy contingencies. The partnership allows users to access a 15-day free trial of the Falcon platform and offers discounted bundles tailored to their needs. Executives from both companies emphasized the importance of robust cybersecurity in reducing risks associated with cyberattacks, particularly for small to medium-sized businesses.