CrowdStrike Holdings Inc. was founded in 2011 as a cloud-native, single-agent security solution designed to “stop the breach, not just stop malware.”Today, the company is a leading independent security firm with aspirations to become a generational platform. Its second-quarter financial results for the fiscal year 2023 showed annual recurring revenue over $2 billion and record net new subscriptions. And the evolution of its Falcon platform shows how CrowdStrike is attempting to solve security’s perennial problems and extend security beyond the endpoint.The latest updates were on show during CrowdStrike’s Fal

Should cybersecurity companies offer warranty protection in the event of a breach?Four years ago, CrowdStrike Holdings Inc. decided to do just that. The company announced its endpoint security breach prevention warranty of up to $1 million in 2018 if a breach occurred for a customer within the protected environment. As of this summer, the company claimed it has never had to pay out a claim.CrowdStrike’s warranty highlights the firm’s confidence in a solution that originated with the co-founder’s vision of security as a results-oriented business