About a year after Crowdstrike introduced its MSSP/MSP partner program, guess what? The company was chosen by 13% of our MSSP 250 companies as impacting their success. (Download our 2024 MSSP 250 research report here.) Crowdstrike ranked number 5 on the list of over 200 vendors that MSSPs named as impacting their success in 2024.
While Crowdstrike saw excellent progress in the service provider segment of the IT channel in the last year, 2024 wasn’t without its bumps for the cybersecurity vendor. The company weathered a major hit in July when it was blamed for a global IT outage caused by a software update.
At the end of November Crowdstrike raised its annual revenue and profit forecasts for the year and beat third-quarter revenue estimates. CrowdStrike expects its annual revenue to be between $3.92 billion and $3.93 billion, compared with its prior expectations of $3.89 billion to $3.90 billion. The company's revenue for the third quarter, ended Oct.31, rose about 29% to $1.01 billion, beating estimates of $982.4 million.
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Today’s MSSP Update
1. Zero trust in Formula 1 - Zero-trust and zero knowledge cybersecurity software provider Keeper Security, is showcasing its work with Formula 1 team Williams Racing. A new in-depth case study highlights how the company’s technology safeguards the vast amounts of data used by the racing team.
2. Interactivity in cloud cybersecurity - Cloud threat detection and response providerSkyhawk Security, is adding an interactive cloud threat detection and response capability to its platform. The capability enables technicians to interact with the system in real time to verify suspicious activity by human and non-human identities.
3. New Smokeloader attack - FortiGuard Labs reports it has observed an attack using SmokeLoader malware to target companies in Taiwan, including those in manufacturing, healthcare, information technology, and other sectors. While SmokeLoader primarily serves as a downloader to deliver other malware, in this case, it carries out the attack itself by downloading plugins from its C2 server.
4. Intern sued in alleged data attack - In China, TikTok parent company, ByteDance, is suing a former intern for $1.1 million, alleging he attacked its AI large language model training infrastructure.
