Unless you have been in a coma the last week, you are very aware of the impact from the CrowdStrike outage. There are countless articles being released about what happened and lessons learned. Yes, CrowdStrike messed up big time. I don’t need to add to what is already out there.
The wall street journal however, just released an article about CrowdStrike financial mistakes. They are essentially defining terms one way and measuring finances using a different definition leading to the inflation of their value. This can really bite them in the rear now that they are taking huge losses. Especially the leadership, who is taking huge bonuses based on the inflated earnings!
You can see the details of this post from the wall street journal found at CrowdStrike Outage Puts Its Financial Reporting Under Scrutiny, Too – WSJ. I bet this will come into play very soon regarding what happens to CrowdStrike following the recovery of the outages seen worldwide.