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To: CFW

So will all these companies sue Crowdstrike for the loss of service?


4 posted on 07/19/2024 4:03:00 AM PDT by pas
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To: pas

I’m sure lawyers are already digging into terms of services contracts and coming up with strategies...and they may be finding the risk of cloud software may outweigh local control after their losses have been realized. May even impact SaaS approaches depending how bad it ends up being.

I read one posting that indicated it may be weeks to fix everything, while other reporting is saying they can reverse it overnight.


87 posted on 07/19/2024 8:02:18 AM PDT by reed13k
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To: pas

A screw up on this scale should put Crowdstrike out of business for good. It is hard to imagine that they would have the financial resources to compensate for the damages they did here.


92 posted on 07/19/2024 9:47:59 AM PDT by Revel
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To: pas

Possibly since man hours to manually get some systems up again are required for over 300,000 last I heard. That’s going to cost billions!

Talking wih a friend who’s company got a cyber attack awhile back....cost them $50,000 ad three days to get back up running.


105 posted on 07/19/2024 1:28:49 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......)
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