What is CrowdStrike - CrowdStrike

What is CrowdStrike – CrowdStrike

CrowdStrike is a SaaS (software as a service) solution:- In order to deliver an industry-leading next generation anti-virus (NGAV) solution that is driven by machine learning to guarantee that breaches are prevented before they happen, CrowdStrike makes use of cutting-edge EDR (endpoint detection and response) tools and methodologies. An overview of CrowdStrike’s capabilities and functions is provided in this tutorial.

Affected Products: CrowdStrike

Affected Operating Systems:- Windows, Mac, Linux

Cause:- Not applicable

Resolution:- The following are common questions that are asked about CrowdStrike:

American cybersecurity technology business CrowdStrike Holdings, Inc. is situated in Austin, Texas. It offers services for threat intelligence, cyberattack response, endpoint security, and cloud workload. The Democratic National Committee (DNC) was the target of cyberattacks in 2015–16, the 2014 Sony Pictures breach, and the DNC email dump in 2016 are just a few of the high-profile hacks that the business has been investigating.

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History

In 2011, retired chief financial officer Gregg Marston, former chief technology officer Dmitri Alperovitch, and CEO George Kurtz co-founded CrowdStrike. Former Federal Bureau of Investigation (FBI) officer Shawn Henry led the CrowdStrike Services, Inc. subsidiary in 2012, specialising in proactive and incident response services. CrowdStrike Falcon, the company’s initial product, included endpoint protection, threat intelligence, and attribution. It was released in June 2013.

The US Department of Justice charged five Chinese military hackers in May 2014 for economic cyber espionage against US firms thanks in part to findings from CrowdStrike. Additionally, Energetic Bear—a Russian Federation-affiliated entity that carried out intelligence operations against international targets, mostly in the energy sector—was also exposed by CrowdStrike.

Following the Sony Pictures breach, CrowdStrike found evidence linking the North Korean government and provided details on the attack’s methodology. 2014 saw a significant contribution from CrowdStrike in the identification of Putter Panda, the Chinese hacking organisation known as PLA Unit 61486, which was funded by the Chinese government.

The business disclosed details in May 2015 on VENOM, a serious vulnerability in the open-source hypervisor Quick Emulator (QEMU) that gave hackers access to private data. CrowdStrike said in October 2015 that it had discovered Chinese hackers targeting pharmaceutical and technology businesses at the same time that China’s Paramount Leader Xi Jinping and US President Barack Obama made a formal agreement to refrain from economic espionage against one another. That agreement would have been broken by the alleged hacking.

In 2017, CrowdStrike published statistics demonstrating that 66% of the assaults that year, to which the organisation reacted, were malware-free or fileless. The proportion of attacks discovered by organisations and the average time required to identify an attack were also collated by the firm.

CrowdStrike said in February 2018 that it has seen a credential harvesting operation in the worldwide sports industry in November and December 2017, perhaps connected to the hack during the Pyeongchang Winter Olympics opening ceremony. In the same month, CrowdStrike published data indicating that 39% of the assaults that the organisation saw were intrusions without malware. The business also disclosed the industries that attackers most commonly targeted. The CrowdStrike shop and a mobile version of Falcon were introduced by the firm in March of that year.

The Ryuk ransomware, which initially surfaced in August of last year, has amassed over $3.7 million in bitcoin payments, according to research released by CrowdStrike in January 2019.

The 2018 Global Threat Report from CrowdStrike claims that Russian cybercriminals are the quickest in the world. Additionally, the business stated that it identified 81 known state-sponsored actors in 2018 and that at least 28 of them were actively operating at some point throughout the year, with China being accountable for over 25% of the more complex assaults.

For $96 million, CrowdStrike purchased Preempt Security, a developer of restricted access and zero trust solutions, in September 2020.

For $400 million, CrowdStrike purchased the Danish log management software Humio in March 2021. According to official CrowdStrike announcements, the purchase will increase their XDR capabilities.

SecureCircle, a SaaS-based cybersecurity solution that extends Zero Trust protection to data on, from, and to the endpoint, was purchased by CrowdStrike in November 2021 for $61 million.

CrowdStrike relocated its headquarters from Sunnyvale, California to Austin, Texas in December 2021.

The ninth annual edition of the groundbreaking research from the cybersecurity leader, CrowdStrike, was issued in March 2023 and noted a rise in identity thefts worldwide.

Funding

Google contributed to the company’s Series C investment round in July 2015. Series D and Series E funding rounds followed, raising a total of $480 million as of May 2019. With an expected yearly sales of $100 million, the firm was valued at more than $1 billion in 2017. The business said in June 2018 that its valuation exceeded $3 billion.38 Telstra, March Capital Partners, Rackspace, Accel Partners, and Warburg Pincus are among the investors.

The business debuted as an initial public offering (IPO) on the NASDAQ in June 2019.

Russian hacking investigations

CrowdStrike contributed to the investigation of the cyberattacks against the Democratic National Committee and the link to Russian intelligence. During his congressional testimony on March 20, 2017, James Comey stated, “CrowdStrike, Mandiant, and ThreatConnect review the evidence of the hack and conclude[d] with high certainty that it was the work of APT 28 and APT 29, who are known to be Russian intelligence services.”

A report published by CrowdStrike in December 2016 claimed that a Ukrainian artillery app had been hacked by the Russian government-affiliated organisation Fancy Bear. They came to the conclusion that Russian artillery forces had suffered significant casualties as a result of the attack. Tablet PCs are equipped with the ArtOS app, which is utilised for firing control. Additionally, CrowdStrike discovered that a modified version of POPR-D30 that made use of an X-Agent implant was being disseminated on military forums in Ukraine.

The International Institute for Strategic Studies refuted CrowdStrike’s assessment, stating that its data on Ukrainian D30 howitzer losses was abused in CrowdStrike’s analysis, which claimed that hacking caused losses to Ukrainian artillery forces. The CrowdStrike assessment was also denied by the Ukrainian Ministry of Defence, which asserted that Russian hacking was unrelated to the real artillery losses, which were far lower than what CrowdStrike had claimed.

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What is CrowdStrike – CrowdStrike