CrowdStrike

CrowdStrike is a leading cybersecurity company that provides cloud-native endpoint and workload protection solutions. Their mission is to "stop breaches" by offering comprehensive security across endpoints, cloud workloads, identity, and data. They aim to stay ahead of adversaries and empower organizations to drive their business securely. CrowdStrike enjoys a strong market reputation for its innovative technology, especially its proactive approach to threat hunting and its use of artificial intelligence (AI). The July 2024 incident involving a faulty software update temporarily impacted their reputation, but they have been working to regain customer trust and reinforce their commitment to robust testing and quality assurance.

Offerings, Integrations, and Capabilities

CrowdStrike's core offering is the Falcon platform, a unified, cloud-native platform delivering a range of security functionalities through a single lightweight agent. This eliminates the complexity of managing multiple point products. Key capabilities include:

• Endpoint Detection and Response (EDR): Provides real-time visibility into endpoint activity, enabling rapid threat detection and response.
• Next-Generation Antivirus (NGAV): Leverages AI and machine learning to detect and prevent malware, ransomware, and other malicious activities, including zero-day threats.
• Threat Intelligence: Offers actionable insights into adversary tactics, techniques, and procedures, empowering proactive defense.
• Managed Threat Hunting: A 24/7 service where expert threat hunters proactively search for and eliminate hidden threats.
• IT Hygiene: Helps organizations maintain a strong security posture by identifying and remediating vulnerabilities.
• Vulnerability Management: AI-powered vulnerability management to help organizations understand and mitigate risks.
• Cloud Security Posture Management: Provides unified security across cloud environments.
• Identity Protection: Secures workforce identities to prevent breaches originating from compromised credentials.
• Next-Gen SIEM: Offers real-time threat detection, fast search, and cost-effective data retention.
• IT Automation: Streamlines IT operations and security tasks through automation.

CrowdStrike emphasizes a proactive approach to security, using Indicators of Attack (IOA) and machine learning to identify and neutralize threats before they can cause damage. Their cloud-native architecture allows for rapid deployment, scalability, and continuous updates.

Products and Services

CrowdStrike offers a suite of products and services built on the Falcon platform, catering to various security needs:

• Falcon Platform Bundlest: These bundles offer tailored combinations of Falcon modules to address specific security requirements and budget considerations. They include:
• Falcon Go: Basic endpoint protection with next-gen antivirus and USB device control.
• Falcon Pro: Basic endpoint protection with next-gen antivirus and USB device control.
• Falcon Enterprise: Comprehensive protection with EDR, XDR, managed threat hunting, and integrated threat intelligence.
• Falcon Elite: Advanced breach prevention with integrated endpoint and identity protection and expanded XDR visibility.
• Falcon Complete: Fully managed endpoint and identity threat protection with expert monitoring and remediation.
• Falcon Insight (EDR): Provides deep visibility into endpoint activity, enabling threat detection and investigation.
• Falcon Prevent (NGAV): AI-powered antivirus that stops malware and other threats.
• Falcon Device Control: Manages and controls USB and other peripheral devices.
• Falcon XDR: Extends detection and response capabilities beyond the endpoint to other security data sources.
• Falcon Cloud Security: Protects cloud workloads and environments.
• Falcon Identity Protection: Secures workforce identities and access.
• Falcon LogScale: Next-generation log management and observability.
• Falcon Data Protection: Prevents data loss and exfiltration.
• Falcon OverWatch: Managed threat hunting service.
• Falcon Discover: Provides IT hygiene and vulnerability management.
• Falcon Spotlight: Vulnerability management.
• Falcon Complete: Fully managed endpoint protection service.
• Charlotte AI: Generative AI security analyst for automated investigation and response.
• Falcon Foundry: No-code platform for developing custom security applications.
• Flagship Product: CrowdStrike Falcon platform is their flagship product, serving as the foundation for all their security offerings.

Target Customers and Benefits

CrowdStrike targets a wide range of customers, from small businesses to large enterprises and government agencies. They cater to various industry verticals, including financial services, healthcare, retail, and technology.

Benefits for Target Customers:

• Reduced Risk: Proactive threat hunting and advanced AI capabilities minimize the risk of breaches.
• Improved Security Posture: Unified platform simplifies security management and strengthens overall defenses.
• Increased Productivity: Automated tasks and streamlined workflows free up IT and security teams.
• Faster Incident Response: Real-time visibility and actionable threat intelligence enable rapid response to incidents.
• Cost Savings: Consolidated platform reduces the need for multiple point products and associated costs.
• Scalability and Flexibility: Cloud-native architecture adapts to changing business needs.

Cloud Integrations and Marketplaces

CrowdStrike integrates with major cloud providers, including:

• Amazon Web Services (AWS)
• Microsoft Azure
• Google Cloud Platform (GCP)

They have a presence on the following Cloud Marketplaces:

• AWS Marketplace: Offers various CrowdStrike Falcon modules and bundles
• Azure Marketplace: Provides access to CrowdStrike's security solutions for Azure environments
• Google Cloud Marketplace: Lists CrowdStrike's offerings for GCP users

These integrations and marketplace listings simplify deployment and procurement for cloud customers.

Key People:

• George Kurtz: Co-founder, President, and Chief Executive Officer
• Burt Podbere: President of Products and Chief Technology Officer
• Dmitri Alperovitch: Co-founder
• Shawn Henry: President of CrowdStrike Services and Chief Security Officer

Key Facts

• Headquarters: Austin, Texas, USA.
• Number of Employees: Approximately 7,000 (estimated).
• Annual Revenue: Over $2 Billion (estimated)
• Publicly Listed: Yes (NASDAQ: CRWD)

Analyst Recognition

CrowdStrike is recognized as a leader in various technology categories by leading analyst firms:

• Gartner: Leader in Endpoint Protection Platforms, Magic Quadrant for Security Information and Event Management (SIEM)
• Forrester: Leader in The Forrester Wav^TMExtended Detection and Response (XDR) Providers
• IDC: Leader in Worldwide Corporate Endpoint Security Market Shares
• Everest Group: Leader in PEAK Matrix for Cloud Native Application Protection Platform (CNAPP)

This comprehensive summary provides a detailed overview of CrowdStrike, its offerings, target customers, and market standing as of December 10, 2024. Please note that this information is time-sensitive and may change in the future.