Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

CrowdStrike Granted Impact Level 4 Authorization; Shares Climb

Published 04/08/2022, 05:06 AM
© Reuters.

By Yasin Ebrahim

Investing.com - CrowdStrike said Thursday it was granted a provisional authorization to operate at Impact Level 4 from the Defense Information Systems Agency, paving the way for the cybersecurity company to deploy its cybersecurity platform across a range of federal agencies.   

Crowdstrike (NASDAQ:CRWD) was up more than 3% in after-market trading.

"This authorization will further CrowdStrike’s support to federal agencies in defending against modern cyber threats...," the company said. "Private-public sector collaboration is critical during these unprecedented times, and cybersecurity must remain paramount for both sectors into the future."

Looking ahead, the company said had been working toward securing a further security clearance. These authorizations aim to safeguard information when federal agencies use cloud products and services. 

"CrowdStrike is proud to share that it has been working with DISA and our DoD (DODSF) sponsor towards a DoD Impact Level 5 (IL-5) P-ATO, and is committed to helping secure National Security Systems," the company added.

Impact Level 4 accommodates controlled unclassified information, while Impact Level 5 authorizes a cloud service to store and process the Pentagon’s most sensitive unclassified data.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.