The Falcon’s great Fall: The 2024 Update That Shook CrowdStrike’s Legacy

The Falcon’s Great Fall

The 2024 Update That Shook CrowdStrike’s Legacy

Background and Context

CrowdStrike is a top investigative firm in cybersecurity, founded in 2011 by George Kurtz (former CTO, McAfee) and Dmitri Alperovitch (former VP Threat Research, McAfee). Later Shawn Henry, a former FBI official, joined them to lead the CrowdStrike Services, Inc to deliver security response services. It was fast on its way to becoming one of the most pre-eminent global cybersecurity companies, reaching the coveted Unicorn status ($1 billion in valuation) in 2017 and breaching the $3 billion valuation in just the next year! The founders’ vision at the company was to counter new cyber threats and provide strong endpoint protection.

Key Achievements

It was the first company to add advanced threat intelligence and real-time response to product development, shaping modern cybersecurity solutions. This helped protect financial and critical infrastructure service providers with an aim to defend against complex threats in the real-time.

Crowdstrike reinvented endpoint detection and response with their flagship product: the CrowdStrike Falcon platform. Falcon is cloud-native and, thus…