09:21 AM EDT, 07/23/2024 (MT Newswires) -- (Updates to include additional detail in the third paragraph and a statement from CrowdStrike ( CRWD ) in the fourth paragraph.)

CrowdStrike Holdings ( CRWD ) Chief Executive George Kurtz was called on Monday to testify before the US House Committee on Homeland Security on a recent defective software update that led to widespread global outages.

"Recognizing that Americans will undoubtedly feel the lasting, real-world consequences of this incident, they deserve to know in detail how this incident happened and the mitigation steps CrowdStrike ( CRWD ) is taking," Committee Chair Mark Green, R-Tennessee, and Cybersecurity and Infrastructure Protection Subcommittee Chair Andrew Garbarino, R-New York, said in a letter to Kurtz dated Monday.

Green and Garbarino asked CrowdStrike ( CRWD ) to set a hearing with the subcommittee by no later than 5 p.m. on Wednesday, according to the letter.

"CrowdStrike ( CRWD ) is actively in contact with relevant congressional committees. Briefings and other engagement timelines may be disclosed at members' discretion," a CrowdStrike ( CRWD ) spokesperson said in a statement emailed to MT Newswires on Tuesday.

Price: 268.75, Change: +4.84, Percent Change: +1.83