Why CrowdStrike Now Matters More Than Ever
Earlier this week, the email systems at the U.S. Treasury and Commerce Departments were infiltrated by hackers. According to The New York Times, this was one of the largest and most sophisticated attacks in recent years. CrowdStrike's (NASDAQ: CRWD) cybersecurity platform was built to stop attacks like these, focusing specifically on protecting individual devices from laptops and smartphones to servers and data centers. Unlike many legacy vendors, CrowdStrike's platform integrates machine learning and cloud computing, creating a product that effectively stops even the most sophisticated attacks. When it comes to protecting endpoint devices, CrowdStrike is the best in the business. Here's why this company's future looks so bright.
The number of connected devices is growing rapidly, and more people are working remotely. This means that hackers have more potential targets, many of which are unprotected , increasing the likelihood of a costly attack.
Just how costly? According to IBM, the average breach does $3.86 million in damage, and takes 280 days to identify and contain. This is simply an unacceptable risk for the vast majority of enterprises, which is why effective cybersecurity is so crucial. Of course, any company can claim its products are effective, or that they create value for customers, but CrowdStrike can actually support those claims with hard data.
Source Fool.com
