[agrajag]

Reputational damage from this is going to be catastrophic. Even if that’s the limit of their liability it’s hard not to see customers leaving en masse.

[junto]

Ironically some /r/wallstreetbets poster put out an ill-informed “due diligence” post 11 hours ago concerning CrowdStrike being not worth $83 billion and placing puts on the stock.

Everybody took the piss out of them for the post. Now they are quite likely to become very rich.

https://www.reddit.com/r/wallstreetbets/s/jJ6xHewXXp

[persedes]

What's even better is the reaction here: https://www.reddit.com/r/sysadmin/comments/1e6vx6n/comment/l...

[RateMyPE]

That user is the equivalent of using a screwdriver to look for gold and succeeding.

[deliveryboyman]

Not sure what material in their post is ill-informed. Looks like what happened today is exactly what that poster warned of in one of their bullet points.

[BoringTimesGang]

A convenient alibi?

[dandanua]

The company will perish, there is no doubt in that.

[esskay]

Nah they'll be fine. It happened 7 months ago on a smaller scale, people forgot about that pretty quickly.

You don't ditch the product over something like this as the alternative is mass hacking.

[icelancer]

Extremely unlikely. This isn't the first blowup Crowdstrike has had; though it's the worst (IIRC), Crowdstrike is "too big to fail" with tons of enterprise customers who have insane switching costs, even after this nonsense.

Unfortunately for all of us, Crowdstrike will be around for awhile.

[tcmart14]

While it probably should, I regret to inform you that SolarWinds is still alive and well.

[alch-]

I mean, Boeing is still around...