CrowdStrike CEO George Kurtz is requested to testify by Republican representatives.
- On Monday, Republican representatives requested that CrowdStrike CEO George Kurtz appear before them to give testimony, following a faulty software update that resulted in disruptions worldwide.
- According to a letter, Reps. Mark Green and Andrew Garbarino warned about the national security risks associated with network dependency due to the incident.
- Shares of CrowdStrike closed down more than 13% on Monday.
On Monday, Republican representatives requested that CEO George Kurtz appear before the House Committee on Homeland Security to testify about the faulty software update that crashed millions of Windows devices, which was issued by the company days prior.
According to a letter Monday, Rep. Mark Green (R-Tenn.), chairman of the Committee on Homeland Security, and Rep. Andrew Garbarino (R-N.Y.), chairman of the Subcommittee on Cybersecurity and Infrastructure Protection, stated that the incident highlights the national security risks associated with network dependency.
The global economy experienced disruptions in key functions due to the outage, affecting sectors such as banking, aviation, healthcare, emergency services, and media. In the U.S., thousands of flights were delayed or cancelled, and many health systems had to reschedule appointments and non-emergent procedures.
Shares of CrowdStrike closed down more than 13% on Monday.
Green and Garbarino wrote that Americans should be informed in detail about how the incident happened and the steps CrowdStrike is taking to mitigate its consequences.
Despite Kurtz's statement on Friday that the outage was not a cyberattack or security incident, CrowdStrike deployed a fix that day. Nonetheless, the lawmakers emphasized the need for the country to learn from Friday's disruption and take measures to prevent it from happening again.
CrowdStrike was requested by Green and Garbarino to arrange a hearing with the Subcommittee on Cybersecurity and Infrastructure Protection by Wednesday at the earliest.
CrowdStrike and Microsoft did not immediately respond to CNBC's request for comment.
Technology
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