Market Reactions to IT Outages

This chapter explores the decline in CrowdStrike shares following a major global IT outage, with speakers reflecting on their personal investment experiences and concerns about business slowdowns. They analyze the competitive landscape of cybersecurity firms, particularly contrasting CrowdStrike with Palo Alto, while also discussing the implications for Delta Airlines amidst flight cancellations due to similar issues. The chapter further addresses recent political events tied to security failures and noteworthy grants aimed at climate change mitigation.