CrowdStrike CEO on global outage: Goal now is to make sure every customer is back up and running

CrowdStrike CEO George Kurtz joins 'Squawk on the Street' to discuss the latest developments in the global outage, how long the outage is expected to last, the liabilities facing the company going forward, and more.

[eddyhsu]

I work IT for a large software dev operation in Australia... PCs started to blue screen at around 3pm... by 4pm every single PC was down in every office in Australia... within 1 hour our team determined it was crowdstrike. Although still silence from Crowdstrike... our 5 man team war roomed and found and tested the fix... rolled out the fix to every 500+ Windows PC, window servers and virtual windows machine... the worst part was fix could not be applied remotely as all workstations was bricked... we had to 1 PC at a time physically in person to apply the our fix... while ours phones was going nuts with people going nuts cuz they can't work... i walked out of office at 12am... no food no breaks as a broken IT Support.... thanks to crowdstrike...

[thahrimdon]

Craziest part is that this is a driver and has a 100% failure rate on Windows systems. Literally all they had to do was copy it onto a Windows test system, and no matter what extra stuff was going on it would crash 100% of the time, every time. Wild.

[patrickcarrillo]

Every IT Department on the planet hates this man and Microsoft right now

[larrywu]

The CTO of McAfee during the infamous 2010 update fiasco was George Kurtz. If there’s one thing he’s good at, it’s making his mistakes twice!

[nickfromm]

This company is a NATIONAL SECURITY THREAT. I will be writing my senator and representative over this matter. My ENTIRE FAMILY was out of work today on unpaid time off because of this outage.

[johnlovell]

Was this not tested through change management process? This is not acceptable.

[lppoqql]

This is what happens when you cut corners on hiring good programmers and you constantly chase them to rush their code.

[biankabrodeur]

I am a Nurse and have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160, 000 portfolio, which seems to be stagnant, and to maximize the return on my investments.

[AlexFletcher-ve]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Wiezorek.

[HeiligerGrimmnir]

Systems admin here. There is no "Just reboot it and its fixed" is bull.

[Five]

Today you are previewing how easily your freedom can be controlled.

[wilhelmina-oc]

Well, I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered and I don't know where to go here out of devastation.

[solutionarchitectshow]

"We don't always test our code but when we do, its in Production"
- Crowdstrike

[burnedout]

How are customers supposed to load the patch to fix if they can’t get online 😂😂😂😂😂

[johndean]

Crowdstrike are to Blame. Send all Compensation Bills to them. For Delayed Flights and Banking Systems involved.

[kraz]

Omg, Crowdstrike really pooped in everyone's pants this morning.

[purpledonut]

Very light on facts. Doesn’t explain why and how the catastrophic event happened.

[jhawkkw]

It speaks volumes to how inadequate their quality assurance testing is. An update that causes a bootloop should be relatively simple to catch during any sort of testing as all unit tests should theoretically fail to execute successfully.

[Alienonplanetearth]

CrowdStrike Holdings' CEO is George Kurtz, appointed in Nov 2011, has a tenure of 12.67 years. total yearly compensation is $46.98M, comprised of 2% salary and 98% bonuses, including company stock and options. directly owns 3.25% of the company's shares, worth $3.06B.

[yoni]

Watershed moment for this CEO- how he handles this is huge for his career