Welcome to our dedicated page for CrowdStrike Holdings news (Ticker: CRWD), a resource for investors and traders seeking the latest updates and insights on CrowdStrike Holdings stock.
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 has expanded its Marketplace, a platform for CrowdStrike-compatible security products, to include over 260 listings from 140 partners in its first year. The expansion broadens the Marketplace Private Offer program, welcoming transacting solution providers to engage with Falcon-integrated technologies. Key solution providers like CDW, GuidePoint Security, Optiv, and World Wide Technology have joined the program.
The Marketplace aims to help customers optimize cybersecurity investments, reduce risks associated with siloed tools, and maximize the power of the Falcon platform. It provides a streamlined way for global customers to access CrowdStrike's extensive technology and services partner ecosystem, offering flexibility to identify and implement the best solutions for their business.
CrowdStrike (NASDAQ: CRWD) has been named a Major Player in the IDC MarketScape: Worldwide Security Information and Event Management (SIEM) for Enterprise 2024 Vendor Assessment report. The company's Falcon® Next-Gen SIEM is positioned as an AI-native SOC solution, integrating Falcon and third-party data, threat intelligence, and AI-driven automation to stop breaches quickly.
At Fal.Con 2024, CrowdStrike unveiled new innovations in Falcon Next-Gen SIEM, including:
- AI-generated Parsers for comprehensive data ingestion
- Detection Posture Management for identifying security gaps
- Incident Workbench for real-time investigation and collaboration
- CrowdStrike® Charlotte AI™ for natural language interactions
- 300+ Prebuilt Response Actions for automating workflows
These features aim to streamline operations, accelerate detection and response, and improve overall security outcomes for organizations.
CrowdStrike (NASDAQ: CRWD) has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Endpoint Protection Platforms (EPP) for the fifth consecutive time. The company was positioned furthest right for Completeness of Vision and highest for Ability to Execute among all evaluated vendors. CrowdStrike's Falcon® cybersecurity platform continues to redefine endpoint protection with AI-driven threat prevention, detection, and response.
At Fal.Con 2024, CrowdStrike unveiled CrowdStrike Signal, a new family of AI-powered engines that intelligently groups security events and alerts into actionable insights. The company also announced new Falcon platform innovations enhancing cloud security, identity protection, next-gen SIEM, exposure management, Charlotte AI, and Falcon for IT capabilities.
CrowdStrike was also named a Customers' Choice in the 2024 Gartner Peer Insights™ 'Voice of the Customer' Endpoint Protection Platforms report, with a 99% Willingness to Recommend score based on 524 responses as of April 2024.
CrowdStrike (NASDAQ: CRWD) has been named a Leader in The Forrester Wave™: Attack Surface Management Solutions, Q3 2024. The company ranked highest in the Current Offering category and received the highest possible score in Market Presence. This recognition showcases the effectiveness of CrowdStrike Falcon® Exposure Management, which offers comprehensive visibility and AI-driven vulnerability prioritization across endpoints, networks, and cloud environments.
Key features of CrowdStrike's offering include:
- ExPRT.AI technology for risk-based vulnerability prioritization
- Network Vulnerability Assessment for continuous sensor-based scanning
- Attack Path Analysis to identify cross-domain exposures and attack paths
- 98% reduction in critical vulnerabilities
The Forrester report praised CrowdStrike for its "exemplary approaches to innovation" and "superb analyst experience."
CrowdStrike (NASDAQ: CRWD) announced the winners of its annual Customer Excellence Awards and Global Partner Awards at Fal.Con 2024, which attracted a record 6,000 in-person attendees from 2,300 organizations across 60 countries. The awards celebrate the 'power of the Crowd' by recognizing organizations demonstrating leadership and innovation with the CrowdStrike Falcon® cybersecurity platform.
Notable winners include Aflac (Innovator of the Year), Hyatt Hotels & Resorts (Falconer of the Year), Dell Technologies (Global Partner of the Year), and Amazon Web Services (Ecosystem GTM Partner of the Year). The event underscores CrowdStrike's commitment to empowering customers and partners in tackling cybersecurity challenges and shaping the industry's future.
CrowdStrike (NASDAQ: CRWD) unveiled new innovations for its Falcon® cybersecurity platform at Fal.Con 2024, unifying security and IT operations to enhance breach prevention. Key updates include:
1. Project Kestrel: A new user experience providing a consolidated view of security data.
2. CrowdStrike Signal: AI-powered engines for improved threat detection.
3. AI Security Posture Management: Monitors AI services and LLMs in the cloud.
4. Falcon Privileged Access: Enforces least privilege access across hybrid cloud environments.
5. AI-generated Parsers: Uses LLMs to analyze log data and build parsers automatically.
6. Network Vulnerability Assessment: Continuous, sensor-based scans for real-time visibility.
7. Charlotte AI: GenAI-powered detection triage for faster incident response.
These innovations aim to simplify security operations, accelerate response times, and provide a more proactive approach to stopping breaches.
CrowdStrike (NASDAQ: CRWD) unveiled significant innovations to its Falcon Cloud Security platform at Fal.Con 2024. The company introduced AI Security Posture Management (AI-SPM) and announced the general availability of Data Security Posture Management (DSPM). These additions make Falcon Cloud Security the only CNAPP offering comprehensive protection across cloud infrastructure, applications, data, and AI models from a single platform.
CrowdStrike also enhanced Falcon Identity Protection with Falcon Privileged Access and real-time threat protection for Microsoft Entra ID. These innovations aim to stop cross-domain attacks that use stolen credentials to breach cloud environments. The company reported a 110% increase in cloud exploitation cases over the past year, with 75% of initial access attacks being malware-free.
CrowdStrike (NASDAQ: CRWD) has launched CrowdStrike Financial Services, a wholly-owned subsidiary offering tailored financing solutions for its AI-native Falcon cybersecurity platform. This initiative aims to accelerate platform consolidation by simplifying procurement processes for customers. The new service complements CrowdStrike's Falcon Flex, introduced last year, which provides adaptable licensing for the platform's modules.
Key benefits of CrowdStrike Financial Services include:
- Comprehensive and simplified in-house financing
- Flexible payment structures (monthly, quarterly, annual, skip, step, and customizable)
- Ecosystem support for customers and partners
- Hands-on customer service from seasoned finance professionals
CrowdStrike (NASDAQ: CRWD) has announced the launch of its second annual Cybersecurity Startup Accelerator in collaboration with Amazon Web Services (AWS) and NVIDIA. The program aims to support innovative startups in the U.S. and EMEA, offering mentorship, technical expertise, funding, and go-to-market opportunities. Applications are open from September 16, 2024 to January 10, 2025.
Selected startups will participate in a free eight-week program with access to industry experts, executives, and global cybersecurity investors. Benefits include up to $25,000 in AWS Activate credits and the opportunity to present at a Demo Day during the RSA Conference in April 2025. Winning presentations may receive funding from the CrowdStrike Falcon Fund.
CrowdStrike (NASDAQ: CRWD) has expanded its partnership with 1Password to enhance security for 150,000 customers, focusing on small and midsize businesses (SMBs). The collaboration offers an easy-to-use bundle that combines CrowdStrike Falcon® Go with 1Password Extended Access Management (XAM), providing enterprise-grade protection against ransomware and data breaches.
This partnership aims to address the challenges faced by SMBs in the complex cybersecurity landscape, including IT resources and budget constraints. The bundle integrates next-gen antivirus from Falcon Go with 1Password XAM, reducing costs and complexity in securing identities, applications, and devices for SMBs.
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