Crowdstrike Holdings - CRWD STOCK NEWS

CrowdStrike (NASDAQ: CRWD) has launched AI Red Team Services to enhance security for AI systems and Large Language Models (LLMs). The service aims to protect organizations against emerging threats like model tampering, data poisoning, and sensitive data exposure. Key features include proactive AI defense aligned with OWASP Top 10 LLM attack techniques, real-world adversarial emulations, and comprehensive security validation. The service provides security assessments to identify vulnerabilities and misconfigurations that could lead to data breaches, unauthorized code execution, or application manipulation.

CrowdStrike (NASDAQ: CRWD) announced the acquisition of Adaptive Shield, a leader in SaaS Security. This strategic move will make CrowdStrike the only cybersecurity vendor providing unified protection against identity-based attacks across the entire modern cloud ecosystem. The integration will deliver comprehensive SaaS Security Posture Management across 150+ applications, GenAI application security control, and unified hybrid identity and cloud security. The acquisition comes as cloud exploitation cases grew by 110% last year, with 75% of attacks being malware-free. The purchase will be paid predominantly in cash with a portion in stock, expected to close during CrowdStrike's fiscal fourth quarter.

CrowdStrike announced it will release its fiscal third quarter 2025 financial results on Tuesday, November 26, 2024, after U.S. market close. The company will host a conference call at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. A live webcast and audio replay will be available on CrowdStrike's investor relations website, with the replay accessible for one year.

CrowdStrike has been named a Leader in the 2024 GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs), achieving perfect 5/5 scores in key areas including API Security, Security Automation, Threat Hunting, Scalability, Cost, and Compliance. The company's Falcon® Cloud Security platform provides comprehensive protection for cloud infrastructure, applications, data, and AI models through a unified platform. This recognition comes as cloud exploitation cases increased by 110% over the past year. The platform differentiates itself through consolidated code-to-cloud protection, advanced runtime protection, and complete hybrid cloud security capabilities.

CrowdStrike (CRWD) has achieved the highest scores among evaluated vendors for Core Endpoint Protection and Managed Security Services Use Cases in the 2024 Gartner Critical Capabilities for Endpoint Protection Platforms report. This marks the second consecutive time the company has led in these categories. The company's Falcon cybersecurity platform, powered by AI-native endpoint protection, introduces innovative features like CrowdStrike Signal for detecting and protecting against evolving threats. The platform is enhanced by Falcon Complete MDR services, offering comprehensive protection. CrowdStrike was also named a Leader in the 2024 Gartner Magic Quadrant for EPP for the fifth consecutive time and received a 99% Willingness to Recommend score in the 2024 Gartner Peer Insights report.

CrowdStrike (NASDAQ: CRWD) is hosting its inaugural Fal.Con Europe in Amsterdam, November 5-7, following September's record-breaking Fal.Con 2024 in Las Vegas. The event brings together over 1,200 attendees from 400 organizations across 50 countries, featuring more than 65 breakout sessions on cybersecurity topics including AI, Cloud Security, and Threat Detection. The conference includes 14 customer-led sessions from organizations like Mercedes AMG Petronas F1 and Save the Children. More than 35 partner organizations are sponsoring, including Premier sponsors Amazon Web Services, Intel, and Dell.

CrowdStrike (NASDAQ: CRWD) has obtained new ISO/IEC 27001:2022 certification for its recently released products, including Falcon Next-Gen SIEM, Charlotte AI, and Falcon for IT. This certification extends to additional modules and services on the CrowdStrike Falcon cybersecurity platform. The ISO 27001 certification, awarded after a comprehensive independent audit, validates CrowdStrike's robust approach to information security management, including risk management, data protection, and governance practices. The certification demonstrates the company's commitment to maintaining stringent security standards and protecting customer and organizational data.

CrowdStrike (NASDAQ: CRWD) and Omnissa have announced a strategic partnership to enhance cybersecurity for virtual and physical desktop environments. The collaboration integrates the Omnissa Platform with the CrowdStrike Falcon cybersecurity platform, combining virtual desktop management, unified endpoint management (UEM), and endpoint security capabilities.

The integration will enable quick identification and remediation of virtual desktops without the Falcon sensor and deploy AI-native protection to VDI sessions. The partnership aims to centralize threat observation, risk assessment, and automated remediation actions across both physical and virtual desktop environments.

CrowdStrike (NASDAQ: CRWD) and Fortinet have announced a strategic partnership to unify best-in-class endpoint and firewall protection. This collaboration integrates AI-native endpoint security from the CrowdStrike Falcon® platform with Fortinet's FortiGate next-generation firewalls (NGFW).

The partnership aims to provide customers and partners with enhanced flexibility, visibility, and security across networks, applications, and endpoints. Key benefits include:

• Rich telemetry across endpoint and network
• Fast and accurate AI-powered threat protection and response
• Streamlined security operations with a unified view
• Context-rich insights into network traffic, user activity, and device posture

Both companies have received industry recognition, with CrowdStrike named a Leader in the 2024 Gartner® Magic Quadrant™ for Endpoint Protection Platforms and Fortinet recognized 15 times in the Gartner® Magic Quadrant™ for Network Firewalls.