This is a 'black eye moment' for CrowdStrike and cybersecurity sector, says Wedbush's Dan Ives

Wedbush Securities' Dan Ives joins 'Squawk Box' to discuss the latest developments on the global IT outage, what it means for CrowdStrike, and more.

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[TimotejFedlimid-zohy]

So a billion dollar cyber security company released software without testing it first? Kyle the intern is so fired.

[skippyzk]

My company is having lots of problems.
4 day weekend!

[Kingofdaslumzxps]

I work in IT for a well known retail company with about 1, 000 locations in the USA. It hit us hard, not only our corporate employee's laptops, servers, etc are affected but the registers are down. Online ordering systems are down....there's no way to make money. We need to manually fix each store/person/register one by one. It's been a nightmare all day. Thought Fridays were supposed to be easy, smh. FML

[Slay_Nation]

Release updates on a FRIDAY into PRODUCTION is crazy

[MatthewMS.]

A major technology news event without Wedbush’s Dan Ives is like a beach 🏖️ w/ no sand.

[StanleyJonathas]

It’s very simple. I don’t understand how all these big companies all make the same mistakes. First never ever auto update. Second only update a few devices in staging environment for 30 days. Third, roll out update to production following successful staging test.

[apooh]

If it's an update on CrowdStrike, shouldn't they be testing this update before deploying to production.

[paulz]

The Biggest Failure is that any update doesnt need to be mass implemented all at once, you have 1-2 days to deploy unless its a cve 8+, there is no reason why you cannot stagger out updates over 24-48 hours with 6 hours for 5% of clients to ensure stability. Lazyness at its extreme both from CrowdStrike and even IT managers that configured to auto update immedietly... Just amazed how complient everyone is to allow any updates to your business's PC's via AD etc without a testing phase of at least 24 hours... Companies realistically need to invest 10% of there budget to Cyber secrutity now but its more like 1-2% not enought in the slightest, as clearly shown... Trust a external entity to patch your systems without prior testing for a day duh.. CIO's failure 100%

[frederichardy]

Microsoft (and probably CrowdStrike) software license are usually very clear : they are not responsible for anything! You are using their software at your own risk.

[bobbyd]

Klaus Schwab coincidentally predicted worldwide tech outages at the WEF years ago

[kiuki]

Employee's 4th month at the company: "Whoops..."

[cozyslor]

"Black eye moment", "epic disaster", "gold standard", "Apple, Cook, Cupertino Mt. Rushmore", "Mt. Everest up hill battle".

[VincentEddington-vv]

Super article, many new and interesting facts.

[dypes]

Something similar happened with mcAfee in 2010 and it took out computer networks globally

[Wthcdoctor]

Every day, there are thousands of failed software updates (globally) that are rolled back. Today's CrowdStrike Falcon release upgrade snafu is simply a release error (or omission) that has a huge supply chain impact. The news media should focus on the topic of risks related to software release management processes.

[frederichardy]

Any nuclear power plant using CrowdStrike software?