CrowdStrike Exposes North Korean Infiltration Scheme
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: Benzinga
- North Korean Infiltration Discovery: CrowdStrike CEO George Kurtz revealed that the company's R&D team identified hundreds of North Korean operatives infiltrating U.S. companies using AI-generated resumes and LinkedIn profiles, indicating a significant security threat.
- Funding Flow Revelation: According to Kurtz, FBI estimates suggest that these infiltration operations may have funneled hundreds of millions to potentially $1 billion to North Korea over the past five years, highlighting the urgency of national security concerns.
- Enhanced Corporate Security Measures: In response to this threat, companies are embedding security personnel within HR teams to pre-screen AI-generated resumes and are requiring in-person final interviews to ensure the safety of the hiring process.
- Role of AI in Attacks and Defense: Kurtz mentioned the emergence of 'autonomous malware' that creates unique attack fingerprints, emphasizing the need for companies to leverage AI technology to counter these new threats.
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Analyst Views on CRWD
Wall Street analysts forecast CRWD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRWD is 562.25 USD with a low forecast of 353.00 USD and a high forecast of 640.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
34 Analyst Rating
23 Buy
11 Hold
0 Sell
Moderate Buy
Current: 469.190
Low
353.00
Averages
562.25
High
640.00
Current: 469.190
Low
353.00
Averages
562.25
High
640.00
About CRWD
CrowdStrike Holdings, Inc. is a global cybersecurity company that provides cloud-delivered protection of endpoints, cloud workloads, identity and data. Its Falcon platform is designed for cybersecurity consolidation, purpose-built to stop breaches. The platforms collect and integrate data from across the enterprise, including endpoints, cloud workloads, identities, and third-party sources. It offers 29 cloud modules on its Falcon platform via a software as a service (SaaS) subscription-based model that spans multiple large markets, including corporate endpoint and cloud workload security, managed security services, security and vulnerability management, information technology (IT) operations management, identity protection, next-generation security information and event management (SIEM) and log management, threat intelligence services, data protection, SaaS security posture management, automation and response (SOAR) and artificial intelligence powered workflow automation, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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