CrowdStrike CEO called to testify to Congress over cybersecurity’s firm role in global tech outage

Category: Technology/Innovations

Listening

Unlocking Word Meanings

Read the following words/expressions found in today’s article.

  1. stakeholder / ˈsteɪkˌhoʊl dər / (n.) – an employee, investor, or customer with an interest or concern in a business
    Example:

    The company is holding a meeting to discuss the new policy changes with all involved stakeholders.


  2. magnitude / ˈmæg nɪˌtud / (n.) – the great size, extent, or importance of something
    Example:

    The magnitude of the pandemic was felt worldwide.


  3. mitigation / ˌmɪt ɪˈgeɪ ʃən / (n.) – the act of reducing how unpleasant, harmful, or bad a situation is
    Example:

    The city developed a flood mitigation plan to protect homes and businesses from future disasters.


  4. painstaking / ˈpeɪnzˌteɪ kɪŋ / (adj.) – very careful, thorough, and with effort
    Example:

    The researcher conducted a painstaking analysis of the data.


  5. knock off (something) / nɒk ɔf / (phrasal v.) – to reduce the price or value of something by a specific amount
    Example:

    The store is knocking off 20% in the regular price of selected items during the weekend sale.


Article

Read the text below.

U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify to Congress about the cybersecurity company’s role in sparking the widespread tech outage that grounded flights, knocked banks and hospital systems offline and affected services around the world.


CrowdStrike said that a “significant number” of the millions of computers that crashed on July 19, causing global disruptions, are back in operation as its customers and regulators await a more detailed explanation of what went wrong.


Republicans who lead the House Homeland Security Committee said they want those answers soon.


“While we appreciate CrowdStrike’s response and coordination with stakeholders, we cannot ignore the magnitude of this incident, which some have claimed is the largest IT outage in history,” said a letter to Kurtz from Rep. Mark E. Green of Tennessee and Rep. Andrew Garbarino of New York.


They added that Americans “deserve to know in detail how this incident happened and the mitigation steps CrowdStrike is taking.”


A defective software update sent by CrowdStrike to its customers disrupted airlines, banks, hospitals and other critical services on July 19, affecting about 8.5 million machines running Microsoft’s Windows operating system. The painstaking work of fixing it has often required a company’s IT crew to manually delete files on affected machines.


CrowdStrike said in a blog post that it was starting to implement a new technique to accelerate remediation of the problem. It also said in a brief statement that it is actively in contact with congressional committees.


Shares of the Texas-based cybersecurity company have dropped more than 20% since the meltdown, knocking off billions of dollars in market value.


The scope of the disruptions has also caught the attention of government regulators, including antitrust enforcers, though it remains to be seen if they take action against the company.


“All too often these days, a single glitch results in a system-wide outage, affecting industries from healthcare and airlines to banks and auto-dealers,” said Lina Khan, chair of the U.S. Federal Trade Commission, in a post on the social media platform X. “Millions of people and businesses pay the price. These incidents reveal how concentration can create fragile systems.”


This article was provided by The Associated Press.


Viewpoint Discussion

Enjoy a discussion with your tutor.

Discussion A

  • Rep. Mark E. Green and Rep. Andrew Garbarino said in a letter to CrowdStrike CEO George Kurtz that they appreciate CrowdStrike’s response and coordination with stakeholders during the outage. How important is it for a company to respond and coordinate with stakeholders during issues with its services? What do you think these actions mean for the stakeholders? Discuss.
  • How do companies in your country respond and communicate to the public when there are issues involving their products and services? Do you think they are doing enough? Why do you say so? Discuss.

Discussion B

  • Lina Khan said nowadays, a single malfunction results in a system-wide outage, affecting different industries from healthcare, airlines, banks, and auto-dealers. How do you feel that with just a single glitch it can globally disrupt industries involved in people’s daily activities? Do you think different industries in your country are well-prepared for this situation? Why or why not? Discuss.
  • Do you think it would be easy for CrowdStrike to regain the trust of the different industries and the public? How do you think the company can regain the trust of its customers? Discuss.