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In the News

CIO as fact finder, fixer, and framer in a post-truth IT world

August 5, 2024

In a post-truth IT landscape where misinformation is rampant, CIOs must adopt roles as fact-finders, fixers, and framers. They are responsible for validating information, addressing and correcting issues, and contextualizing technology's role within their organizations. This multidimensional approach ensures they navigate through and maintain focus on what genuinely matters, countering both overly optimistic and pessimistic narratives surrounding technology.

CIO as fact finder, fixer, and framer in a post-truth IT world Publication

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CrowdStrike outage renews supply chain concerns, federal officials say

August 5, 2024

A recent global IT outage caused by a faulty CrowdStrike software update has reignited concerns about the security of the software supply chain, echoing issues from the 2020 SolarWinds attack. The U.S. Government Accountability Office highlighted the event, which impacted 8.5 million Microsoft Windows systems, in a new report. The White House emphasized persistent vulnerabilities related to memory safety in software development and called for industry-wide adoption of memory-safe programming languages. Microsoft and CrowdStrike are investigating the incident, attributed to a memory safety error in the CSagent.sys driver, and are exploring prevention strategies. The Cybersecurity and Infrastructure Security Agency is collaborating with partners to assess and mitigate the repercussions of the outage.

CrowdStrike outage renews supply chain concerns, federal officials say Cybersecurity Dive

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After CrowdStrike outage, what will become of automatic IT updates?

August 5, 2024

The recent software update failure in CrowdStrike's platform caused significant disruptions worldwide, highlighting the risks associated with automatic updates in IT systems. The incident, which led to the Blue Screen of Death on millions of Windows computers, impacted various sectors, including airlines and banking, and resulted in financial losses exceeding $5.4 billion for Fortune 500 companies. This event underscored the need for IT leaders to adopt more stringent quality assurance and risk mitigation practices, such as canary deployments and staggered updates, to prevent widespread issues from faulty software updates in the future.

After CrowdStrike outage, what will become of automatic IT updates? ciodive.com

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CrowdStrike accused of defrauding investors in class action lawsuit

August 2, 2024

CrowdStrike, a cybersecurity firm, is facing an investor lawsuit filed by Plymouth County Retirement Association in Texas, following a significant global computer outage linked to its software in July. The lawsuit alleges that CrowdStrike misled investors by falsely claiming that its technology was rigorously tested and validated. The plaintiffs argue that inadequate software testing led to the widespread outage, damaging CrowdStrike's reputation and legal standing. Additionally, the company faces other legal actions, including from Delta Air Lines, which estimates a $500 million loss due to the disruption. Despite the fallout, CrowdStrike maintains that the lawsuit is baseless. The outage's overall cost to major companies is estimated at $5 billion, and the company's response included giving $10 UberEats vouchers to team members, which were subsequently blocked by Uber.

CrowdStrike accused of defrauding investors in class action lawsuit The Guardian

Read More

CIO as fact finder, fixer, and framer in a post-truth IT world

August 5, 2024

In a post-truth IT landscape where misinformation is rampant, CIOs must adopt roles as fact-finders, fixers, and framers. They are responsible for validating information, addressing and correcting issues, and contextualizing technology's role within their organizations. This multidimensional approach ensures they navigate through and maintain focus on what genuinely matters, countering both overly optimistic and pessimistic narratives surrounding technology.

CIO as fact finder, fixer, and framer in a post-truth IT world Publication

Read More

CrowdStrike outage renews supply chain concerns, federal officials say

August 5, 2024

A recent global IT outage caused by a faulty CrowdStrike software update has reignited concerns about the security of the software supply chain, echoing issues from the 2020 SolarWinds attack. The U.S. Government Accountability Office highlighted the event, which impacted 8.5 million Microsoft Windows systems, in a new report. The White House emphasized persistent vulnerabilities related to memory safety in software development and called for industry-wide adoption of memory-safe programming languages. Microsoft and CrowdStrike are investigating the incident, attributed to a memory safety error in the CSagent.sys driver, and are exploring prevention strategies. The Cybersecurity and Infrastructure Security Agency is collaborating with partners to assess and mitigate the repercussions of the outage.

CrowdStrike outage renews supply chain concerns, federal officials say Cybersecurity Dive

Read More

After CrowdStrike outage, what will become of automatic IT updates?

August 5, 2024

The recent software update failure in CrowdStrike's platform caused significant disruptions worldwide, highlighting the risks associated with automatic updates in IT systems. The incident, which led to the Blue Screen of Death on millions of Windows computers, impacted various sectors, including airlines and banking, and resulted in financial losses exceeding $5.4 billion for Fortune 500 companies. This event underscored the need for IT leaders to adopt more stringent quality assurance and risk mitigation practices, such as canary deployments and staggered updates, to prevent widespread issues from faulty software updates in the future.

After CrowdStrike outage, what will become of automatic IT updates? ciodive.com

Read More

CrowdStrike accused of defrauding investors in class action lawsuit

August 2, 2024

CrowdStrike, a cybersecurity firm, is facing an investor lawsuit filed by Plymouth County Retirement Association in Texas, following a significant global computer outage linked to its software in July. The lawsuit alleges that CrowdStrike misled investors by falsely claiming that its technology was rigorously tested and validated. The plaintiffs argue that inadequate software testing led to the widespread outage, damaging CrowdStrike's reputation and legal standing. Additionally, the company faces other legal actions, including from Delta Air Lines, which estimates a $500 million loss due to the disruption. Despite the fallout, CrowdStrike maintains that the lawsuit is baseless. The outage's overall cost to major companies is estimated at $5 billion, and the company's response included giving $10 UberEats vouchers to team members, which were subsequently blocked by Uber.

CrowdStrike accused of defrauding investors in class action lawsuit The Guardian

Read More
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