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CrowdStrike CEO Shakes Off Software Concerns as Sales Rise

By Kim S. Nash

 

Hello. CrowdStrike CEO George Kurtz said demand and revenue are climbing despite market fears that the rise of artificial intelligence could upend software makers.

“CrowdStrike is durable, mission-critical infrastructure for both securing AI and accelerating global AI adoption,” Kurtz said Tuesday during the company's earnings call. 

The company swung to a profit of $38.7 million in the quarter ended Jan. 31, compared with a loss of $86.3 million a year earlier. Revenue rose 23% for the period. Read the full story.

Also today: 

  • Iran-linked hackers target surveillance cameras in Israel and Gulf states
  • U.S. acknowledges cyber aspects of strikes on Iran
  • Zurich Insurance to buy cyber insurer Beazley in $11 billion deal
  • Nearly 100 security flaws in industrial systems disclosed since Jan. 1
  • And more
 

‏‏‎ ‎

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More Cyber News

PHOTO: ATEF SAFADI/SHUTTERSTOCK

Iran has made hundreds of attempts to hack into security cameras in government and financial institutions in Israel and Gulf countries since the war began on Saturday, Check Point Software Technologies said. The hackers were likely trying to assess the success of Iranian missiles fired at the countries, the Tel Aviv-based cyber company said.

  • The hackers, who were identified as Iranian-linked through their VPNs and other patterns, had attempted to take advantage of cameras’ out-of-date software. (WSJ)

Cyber operations were part of the initial strikes in Iran by Israel and the U.S. The activity "effectively disrupted communications and sensor networks across the area of responsibility, leaving the adversary without the ability to see, coordinate, or respond effectively," according to Gen. Dan Caine, Chairman of the Joint Chiefs of Staff. Read more from Caine's press conference.

Crypto theft: South Korea’s National Tax Service lost $4.4 million in cryptocurrency it had seized during a raid of alleged tax evaders. The service inadvertently exposed the mnemonic recovery phrase of the seized wallet in photos released describing the enforcement action. (Bleeping Computer)

Dueling data-leak claims: Two different hacking groups—LockBit5 and Termite—are claiming responsibility for stealing hundreds of gigabytes of data from Insight Hospital and Medical Center in Chicago. (Hipaa Journal)

  • Insight has acknowledged unauthorized access to its network between Aug. 22 and Sept. 11, 2025. Personal, financial and health data was accessed. The hospital didn't say how many people were affected.

Zurich Insurance and cyber insurance company Beazley reached a deal to merge, ending a period of uncertainty over a deal that values Beazley at around $11 billion. (WSJ)

86

Number of advisories issued since Jan. 1 by the U.S. Cybersecurity and Infrastructure Security Agency about vulnerabilities in industrial control technology

 

About Us

The WSJ Pro Cybersecurity team is Deputy Bureau Chief Kim S. Nash and reporters Angus Loten and James Rundle. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.

 
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