LIFETIME ACHIEVEMENT AWARD
versus four hours last year . So somebody gets on a machine , you don ’ t have a lot of time to be able to identify and prevent that . And again , I think we do a great job with our ransomware prevention and detection on the endpoint itself , but you want to have full visibility across other systems that are not just standpoints ,” Kurtz explains .
Prevention over detection CrowdStrike distinguishes itself in the cybersecurity software market by prioritising prevention over detection or response . By gathering more information about an attack , the organisation improves their ability to prevent similar attacks from occurring in the future . This approach is particularly advantageous in preparing for potential attacks before they happen .
Kurtz spearheaded this speed-focused business model , believing that this was the key factor that was missing from the cybersecurity landscape when he first created the company .
“ Speed is a critical element when we talk about breakout time and how long it takes to exploit these machines . And it ’ s probably about an hour and thirty this year
Looking ahead With the company recently surpassing $ 2bn in annual revenue just 18 months after reaching $ 1bn , the company is doing better than ever .
CrowdStrike is expanding beyond cybersecurity and venturing into the broader IT industry by leveraging data analytics . Kurtz has expressed the aspiration for CrowdStrike to become a significant contender in areas such as data observability and IT operations in the broader IT landscape .
When asked about the advice he would give his younger self , Kurtz expressed : “ I would say it ’ s going to be a great journey , and it ’ s not about the destination ; it ’ s really about the journey , enjoy it . And I would also just reinforce : stay the course .”
Looking to the future , CrowdStrike is emphasising its foundational nature rather than just being a point product . With 21 distinct offerings , the platform consolidates various technologies to decrease costs , simplify processes , and improve outcomes by preventing breaches . However , the benefits of the company ’ s Humio acquisition go beyond preventing breaches and include optimising IT systems to enhance customer interactions and satisfaction . The company ' s core focus is on security , but with acquisitions like Humio , they are expanding into related areas that make sense and reach beyond security . cybermagazine . com 19