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cyber insurance policiesMarketWatch
•83% Informative
Analysts see a nuanced picture for CrowdStrike , with some concerned about potential litigation and unknown costs.
CrowdStrike 's shares have fallen about 25% since last Thursday’s close, wiping out $22 billion in market value.
Analysts expect CrowdStrike to be durable thanks to its leadership position in software that alerts of and prevents cyberattacks.
Law firms specializing in shareholder lawsuits are investigating the CrowdStrike outage.
CrowdStrike CEO George Kurtz has already been called to testify about the outage before the U.S. House Committee on Homeland Security .
The cybersecurity company is expected to survive this global outage, but it will probably be embarking on a long slog of litigation.
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