financetom
Business
financetom
/
Business
/
US congressional panel calls on CrowdStrike CEO to testify on outage
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US congressional panel calls on CrowdStrike CEO to testify on outage
Jul 22, 2024 3:07 PM

WASHINGTON, July 22 (Reuters) - The U.S. House of

Representatives Homeland Security Committee has sent a letter to

CrowdStrike ( CRWD ) CEO George Kurtz asking him to testify on

last week's global tech outage.

WHY IT'S IMPORTANT

CrowdStrike's ( CRWD ) glitchy update to its security software

crashed computers powered by Microsoft's ( MSFT ) Windows

operating system on Friday, disrupting internet services across

the globe and affecting a broad swath of industries including

airlines, banking and healthcare. Microsoft ( MSFT ) said on Saturday

about 8.5 million Windows devices were affected.

Services across industries gradually came back online later

on Friday but companies were dealing with backlogs, delays,

canceled flights and other issues, raising questions on how to

avoid such a situation in the future and whether such critical

software should remain in the hands of a few companies.

KEY QUOTES

"While we appreciate CrowdStrike's ( CRWD ) response and coordination

with stakeholders, we cannot ignore the magnitude of this

incident, which some have claimed is the largest IT outage in

history," the congressional panel wrote in its letter to Kurtz

dated Monday. The letter was reported first by the Washington

Post.

The company had no immediate comment on the letter.

WHAT'S NEXT

The letter urges the CEO to schedule a hearing with a

subcommittee of the panel - the Subcommittee on Cybersecurity

and Infrastructure Protection - by Wednesday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
YY Group, UnoMove Sign MoU on Development of Facade Cleaning Drone
YY Group, UnoMove Sign MoU on Development of Facade Cleaning Drone
Sep 16, 2025
08:58 AM EDT, 09/16/2025 (MT Newswires) -- YY Group Holding ( YYGH ) said Tuesday it signed a non-binding memorandum of understanding with autonomous robotics firm UnoMove for the development and future commercialization of UnoMove's facade cleaning drone. The partnership aims to employ autonomous drone technology to significantly lower risks to human workers while enhancing efficiency through technology-driven cleaning methods,...
Adial Pharmaceuticals Receives FDA Feedback on AD04 Phase 3 Trial Design for Alcohol Use Disorder
Adial Pharmaceuticals Receives FDA Feedback on AD04 Phase 3 Trial Design for Alcohol Use Disorder
Sep 16, 2025
08:59 AM EDT, 09/16/2025 (MT Newswires) -- Adial Pharmaceuticals ( ADIL ) said Tuesday it received final meeting minutes from its end-of-phase 2 meeting with the US Food and Drug Administration, confirming regulatory alignment on the design of a phase 3 trial for AD04 in alcohol use disorder. Adial said it is implementing FDA recommendations consistent with meeting outcomes to...
Opifex-Synergy Expands National Footprint with Acquisition of Equipment Finders, Inc.
Opifex-Synergy Expands National Footprint with Acquisition of Equipment Finders, Inc.
Sep 16, 2025
Nashville acquisition accelerates the Company’s strategic national expansion and establishes it as the 7th largest general rental business in the U.S.1 NASHVILLE, Tenn.--(BUSINESS WIRE)-- Opifex-Synergy today announced the acquisition of Equipment Finders, Inc. (EFI), the leading Nashville-based independent equipment rental provider, marking a significant milestone in the company’s strategic growth plan. With the addition of EFI, Opifex-Synergy expands its...
Payscale Acquires AI-Powered Recruiting Platform Datapeople, Creating Alignment Between Talent Acquisition and Compensation
Payscale Acquires AI-Powered Recruiting Platform Datapeople, Creating Alignment Between Talent Acquisition and Compensation
Sep 16, 2025
BOSTON, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Payscale Inc., the leading provider of compensation intelligence solutions, announced today that it has acquired Datapeople, an AI-powered recruiting platform that helps hiring teams create clearer, more effective, and more compliant job postings. The Datapeople platform positions Payscale to help talent acquisition (TA) and recruitment professionals streamline job postings, support compliance efforts with...
Copyright 2023-2026 - www.financetom.com All Rights Reserved