Re:CrowdStrike CEO has known failure but never like this
by gryfft on Saturday July 27, 2024 @07:36PM
(#41090148)
I genuinely do not think Crowdstrike will suffer any long term consequences because they deliver what matters to their real customers, the CISOs of the world.
If one company has an embarrassing breach, it can make or break things at a critical moment. When every company has an embarrassing outage at the same time, Crowdstrike customers' stock will be just fine.
Crowdstrike stock dropped after July but the share price is still a hundred dollars higher than it was a year ago. It's going to recover. There will be no negative long term consequences for them.
Re:CrowdStrike CEO has known failure but never like this
by maximus-decimus on Saturday July 27, 2024 @07:43PM
(#41090181)
You would think the government would start being afraid of what the Russian (or any other adversarial foreign government) could do to the IT infrastructure in a war if it's this fragile though.
Locking down kernels is somewhere in the story IIRC; it's just that instead of in the name of DRM it's now for Security... But as we've seen from stuff like the 'Web Attestation' proposal from last year, they'll take choice away whichever way is most marketable to lobbyists.
Re:CrowdStrike CEO has known failure but never like this
by p0w3n3d on Monday July 29, 2024 @11:59AM
(#41101426)
Thank you. I've done a thought experiment one day similar to that. As the lawmakers wanted to introduce a law that would render any software not obeying DRM illegal, I thought to create a notepad.exe program that would prevent you from printing if the !print preamble was present in the text document and prevent from copying text if !copy preamble. It would render all available text editing and viewing software illegal thus proving the law idiotic
Re:CrowdStrike CEO has known failure but never like this
by AndrewKemendo on Saturday July 27, 2024 @08:41PM
(#41090422)
Precisely on time, the CEO is doing exactly his job, which is to take the fall on behalf of investors. This is why these CEOs get their shares/comp packages ala “golden parachute” - precisely this right here. Ever wonder why “failure” CEOs are repeat public company CEOs?
Now the board can look at this they can take to Congress. They can wave it around and say “See, look, we’re taking responsibility. “We’re doing the right thing, etc. blah blah blah blah blah blah. We’re gonna hold this guy accountable and shake our fist really hard and look at this: We even put a bad story out on a big paper.”
It’s cost of doing business - built into the risk model for TOS and legal scope within the likely amount of payout in settlement.
If one company has an embarrassing breach, it can make or break things at a critical moment. When every company has an embarrassing outage at the same time, Crowdstrike customers' stock will be just fine.
Crowdstrike stock dropped after July but the share price is still a hundred dollars higher than it was a year ago. It's going to recover. There will be no negative long term consequences for them.
First, I agree. Even today a lot of games have 'anti-cheat' modules that will hook into the kernel.
And yes, Microsoft wants to lock down the kernel as a result.
But, that is one step closer to the future from "The right to read".
Locking down kernels is somewhere in the story IIRC; it's just that instead of in the name of DRM it's now for Security... But as we've seen from stuff like the 'Web Attestation' proposal from last year, they'll take choice away whichever way is most marketable to lobbyists.
Now the board can look at this they can take to Congress. They can wave it around and say “See, look, we’re taking responsibility. “We’re doing the right thing, etc. blah blah blah blah blah blah. We’re gonna hold this guy accountable and shake our fist really hard and look at this: We even put a bad story out on a big paper.”
It’s cost of doing business - built into the risk model for TOS and legal scope within the likely amount of payout in settlement.
It’s all a huge joke