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Top related persons:
— - 2 CrowdStrike - 2 Elizabeth Burgin Waller - 2 SolarWinds - 2 David Boies - 1 Delta - 1 Boies - 1 Elizabeth Holmes - 1
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Service - 2 Business - 2 CrowdStrike's Falcon - 2 SEC - 2 Lines - 1 Microsoft - 1 CNBC - 1 Delta - 1

Search resuls for: "Woods Rogers"


2 mentions found


☆ Delta just issued a warning shot to CrowdStrike about the money it wants to help cover some losses from the huge outage
  + stars: | 2024-07-30 | by ( Shubhangi Goel | ) www.businessinsider.com   time to read: +5 min
Read previewDelta Air Lines is gearing up to demand money following an outage that sent the world, including the airline, into chaos. The carrier hired star attorney David Boies to seek damages from CrowdStrike and Microsoft for the July 19 computer outage that forced Delta to cancel about 6,000 flights, CNBC reported on Monday. AdvertisementWhile no lawsuit has been filed, Delta plans to seek compensation from CrowdStrike and Microsoft, CNBC reported. AdvertisementEven individuals hoping to seek damages from CrowdStrike through proposed class action lawsuits may have little luck. Between customer agreements that favor CrowdStrike and SolarWinds largely beating the SEC, CrowdStrike stands a good chance in court, Sanchez said.
Persons: —, David Boies, Delta, Boies, Elizabeth Holmes, Al Gore, Boies Schiller, CrowdStrike, Elizabeth Burgin Waller, Woods Rogers, Mauricio Sanchez, Sanchez, SolarWinds, Andrew Selbst, Selbst Organizations: Service, Lines, Microsoft, CNBC, Business, Delta, Analysts, Bloomberg, CrowdStrike's Falcon, Dell'Oro, Fierce, Securities and Exchange, SEC, UCLA School of Law, Harvard Law, Federal Trade Commission, FTC Locations: CrowdStrike, Delta, Texas
☆ CrowdStrike's terms and conditions say most customers would just get a refund due to the massive outage, cybersecurity lawyer says
  + stars: | 2024-07-19 | by ( Jacob Shamsian | ) www.businessinsider.com   time to read: +5 min
But, according to the cybersecurity company's terms and conditions, CrowdStrike doesn't have to shell out anything more than a simple refund. The terms for CrowdStrike's Falcon security software — which is used by companies and government agencies around the world — limit liability to "fees paid." AdvertisementThat means CrowdStrike users who signed the standard terms and conditions can't expect to get more than a refund from the company, Waller said. Related storiesBigger companies using CrowdStrike's software — like some of the airlines or hospital chains affected — may have negotiated different terms and conditions contracts with the cybersecurity company. According to Waller, most cyber insurance companies have policies that cover "contingent business interruption" or "dependent business interruption."
Persons: —, Elizabeth Burgin Waller, Woods, Waller, CrowdStrike didn't, I've, CrowdStrike, We've, SolarWinds, Paul Engelmayer Organizations: Service, CrowdStrike's Falcon, Business, CrowdStrike, Woods Rogers, CrowdStrike's, SEC, Securities and Exchange Commission Locations: Manhattan, Russian
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