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CrowdStrike Holdings, Inc. reports cybersecurity product, platform, partner and financial developments tied to its cloud-native Falcon platform. The company’s updates commonly cover endpoint and cloud workload protection, identity and data security, threat intelligence, adversary research, automated detection and response, managed threat hunting, and AI-driven security capabilities delivered through the CrowdStrike Security Cloud.
Recurring announcements also address Falcon platform integrations, Project QuiltWorks activity around frontier AI risk, partner ecosystem programs, security conferences and research events, corporate recognition, alliance leadership, and scheduled earnings communications. The company’s news flow centers on how its Falcon architecture, threat-hunting services and partner channels support enterprise security operations.
CrowdStrike announces the launch of Falcon Forensics on GovCloud, receiving FedRAMP authorization to enhance incident response for government agencies. This solution aims to improve visibility and automate the analysis of attacker activity, significantly reducing response times to security incidents. In alignment with President Biden's cybersecurity Executive Order, Falcon Forensics provides in-depth forensic data, facilitates rapid investigation capabilities, and aims to enhance cyber resiliency among agencies.
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CrowdStrike Inc. has released its annual Falcon OverWatch report, highlighting a 60% increase in attempted intrusions across all industries. The average breakout time for intruders has decreased to 1 hour and 32 minutes, indicating a rise in sophisticated cyberattack tactics. Notably, 68% of detections were malware-free, with China, North Korea, and Iran identified as the most active state-sponsored groups. The report also reveals a 100% increase in cryptojacking incidents and substantial activity targeting the telecommunications sector.
CrowdStrike has been honored as one of the 2021 PEOPLE Companies that Care, recognizing its commitment to employees, customers, and community impact. This marks CrowdStrike's debut on this prestigious list, with an impressive 96% of employees declaring it a great workplace, far exceeding the 59% average for U.S. companies. The award is based on insights drawn from over 5 million employee surveys, showcasing CrowdStrike's dedication to diversity, inclusion, and community support through initiatives like the CrowdStrike Foundation.
CrowdStrike Holdings (Nasdaq: CRWD) announced its participation in the Deutsche Bank 2021 Technology Conference. The event is scheduled for Thursday, September 9, 2021, at 10:10 a.m. PDT. A live webcast will be available on CrowdStrike's investor relations website, providing insight into its cloud-delivered endpoint protection and AI-driven security solutions.
Investors can access the presentation online at ir.crowdstrike.com.
CrowdStrike Holdings reported strong financial results for Q2 FY 2022, with total revenue reaching $337.7 million, a 70% year-over-year increase. The company achieved record net new ARR of $151 million, pushing its ending ARR to $1.34 billion, also up 70% year-over-year. Despite a GAAP loss from operations of $47.4 million, non-GAAP income from operations was $35.3 million. With strong customer growth and rising demand, CrowdStrike raised its full-year guidance, reflecting its robust market position and scalability.
CrowdStrike has been recognized as a leader in the IDC MarketScape for U.S. Managed Detection & Response Services, highlighting its Falcon Complete solution's strengths such as Breach Prevention Warranty and advanced threat hunting capabilities. The report evaluated 15 vendors, emphasizing Falcon Complete's comprehensive approach to security with 24/7 expert management. The growing demand for modern cybersecurity is noted, as well as CrowdStrike's significant achievements, including being ranked #1 for modern endpoint security revenue market share and leading various reputable assessments.
CrowdStrike Holdings, Inc. (Nasdaq: CRWD) will release its financial results for the fiscal second quarter of 2022 on August 31, 2021, after U.S. market close. A conference call will be held at 2:00 p.m. Pacific time to discuss these results, with dial-in access available. Investors can view the press release and listen to the webcast on the CrowdStrike website. The company specializes in cloud-delivered endpoint protection and utilizes AI technology to safeguard against cyberattacks.
CrowdStrike has launched Falcon X Recon+, a new managed solution designed to enhance threat detection and mitigation for organizations. This service combines the advanced capabilities of Falcon X Recon with CrowdStrike's expert intelligence team, focusing on monitoring and responding to external digital threats.
Key features include unmatched visibility into cybercriminal activity, proactive threat takedowns, and detailed monthly reports for clients. The service aims to alleviate the burden on internal security teams, allowing them to focus on core business operations while CrowdStrike manages their digital risk protection.
CrowdStrike has launched Falcon Complete for GovCloud, a FedRAMP-authorized platform providing managed detection and response (MDR) services tailored for government agencies. This solution addresses key cybersecurity priorities outlined in the Biden Administration's Executive Order, such as endpoint detection, incident management, and cloud prioritization. Notably, Falcon Complete leverages advanced AI and expert threat intelligence to protect against persistent threats. The platform aims to alleviate staffing challenges by offering 24/7 monitoring, which enhances the agility and effectiveness of public sector security teams.