CrowdStrike (CRWD) Unveils New CDR Features to Stop Breaches

Crowd strike (CRWD – Free Report) unveiled new cloud detection and response (CDR) innovations aimed at streamlining threat hunting and improving visibility across cloud, identities and endpoints. With a 75% increase in cloud intrusions over the past year, the ecosystem has become a prime target for cyber adversaries who exploit identity-based attacks and visibility gaps across fragmented platforms .

To address these challenges, CrowdStrike’s latest release combines its managed threat hunting expertise with its cloud-native application protection platform. This unified approach sets a new standard for CDR, providing complete visibility across cloud environments, identities and endpoints. By consolidating tools and closing visibility gaps, CRWD enables Cloud SecOps teams to quickly detect and respond to threats, minimizing the risk of cloud breaches.

The importance of proactive detection and response is underscored by incidents such as the Microsoft Exchange Online breach in summer 2023, which was called “preventable” by the DHS Cyber Safety Review Board. Adversaries often exploit identity-based attacks in cloud environments, highlighting the importance of robust security measures.

CrowdStrike’s CDR innovations include expanded visibility into cloud control plane activity, protection against cloud identity threats, and tracking lateral movement of cloud adversaries at the endpoint. These capabilities enable rapid response and actionable insights, facilitating decisive remediation and reducing the impact of cyber threats.

Michael Sentonas, company president, highlighted CRWD’s commitment to setting the standard in CDR. By providing Cloud SecOps teams with the tools needed to effectively manage cloud security, CrowdStrike aims to mitigate the risk of breaches and protect organizations against evolving cyber threats.

CDR’s enhanced capabilities come at a time when there is growing demand for cloud-based cybersecurity solutions, driven by increasing data breaches triggered by growing hybrid working trends. Most remote work setups require employees to connect to employers’ IT infrastructures through cloud-based offsite work setups. The new capabilities that CDR will bring to CRWD’s customers will determine the company’s revenue.

Businesses face persistent and sophisticated cyber threats to protect their IT infrastructure across the cloud, endpoints and on-premises. The growing need for cybersecurity due to increasing data breaches presents an opportunity for CrowdStrike and gives it the opportunity to expand its market presence.

Zacks Rank and Stocks to Consider

Currently, CRWD carries a Zacks Rank #3 (Hold). The company’s shares are up 140% over the past year.

Some better-ranked stocks in the broader technology sector are Nvidia (NVDA – Free report), Arista Networks (A NET – Free report) and Selling power (RCMP – Free Report), each currently carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for NVIDIA’s fiscal 2025 earnings per share has been revised 10 cents higher to $23.94 over the past 30 days. NVDA shares have soared 216.1% over the past year.

The Zacks Consensus Estimate for Arista Networks’ 2024 earnings per share has been revised 3 cents higher to $7.49 over the past 30 days. ANET shares have surged 101.9% over the past year.

The Zacks Consensus Estimate for Salesforce’s fiscal 2025 earnings per share has been revised 3 cents higher to $9.71 over the past 60 days. CRM shares have surged 39.3% over the past year.

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