CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity
IT Governance
JULY 30, 2024
According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. That’s a 48-digit password – 8 pairs of 6 digits. Then there’s insurance. In just a few days, between 18 and 22 July, CrowdStrike ($CRWD) lost 23.1% of its share price.
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