With the legal cases being launched by investors and the significant drop in shareprice.

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With the legal cases being launched by investors and the significant drop in shareprice. One suspects it’s not the impact of customer claims Crowdstrike should be concerned about.

Lawsuits against the company allege Crowdstrike misinformed investors over the efficacy of the falcon platform and assuring investors it was ‘Validated tested and certified.’ Pointing to SEC filings.

The company does not have a balance sheet large enough to compensate corporate lossess, and likely legal actions. One wonders if claims are made under the SEC final rule, insurers will payout?

@Thaddeus Dziekanowski

Veritas GRC CrowdStrike U.S. Securities and Exchange Commission

#cybersecurity #cyberriskmanagement

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