Delta To Seek Compensation From Microsoft, CrowdStrike
Portfolio Pulse from Benzinga Newsdesk
Delta Air Lines is seeking compensation from Microsoft and CrowdStrike due to a cybersecurity incident. The airline claims that a breach in Microsoft's software allowed hackers to access its data, and CrowdStrike's security measures failed to prevent the attack.
July 29, 2024 | 9:05 pm
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NEUTRAL IMPACT
Delta Air Lines is seeking compensation from Microsoft and CrowdStrike due to a cybersecurity incident that compromised its data.
The news could have a neutral short-term impact on Delta's stock as the company is seeking compensation, which might offset some of the damages incurred.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
CrowdStrike is being held accountable by Delta Air Lines for failing to prevent a cybersecurity breach.
The news could negatively impact CrowdStrike's stock in the short term due to potential legal liabilities and reputational damage.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Microsoft is being held accountable by Delta Air Lines for a cybersecurity breach that allowed hackers to access Delta's data.
The news could negatively impact Microsoft's stock in the short term due to potential legal liabilities and reputational damage.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100