Delta is suing cybersecurity firm CrowdStrike after a July outage caused by a faulty software update led to massive flight ...

Delta Air Lines on Friday sued cybersecurity firm CrowdStrike in a Georgia state court after a global outage in July caused ...

Delta Air Lines is suing cybersecurity firm CrowdStrike after a software incident in July led to massive flight cancellations and over $500 million in losses. The outage, affecting 1.3 million ...

While Delta did not specify an amount that it is seeking from the company, court documents show the airline lost $500 million ...

Delta Air Lines is suing the cybersecurity firm that has been blamed for causing a global technology outage this summer.

The airline is alleging gross negligence by the cybersecurity firm. CrowdStrike said Delta is attempting to shift the blame ...

The July 19 incident led to worldwide flight cancellations and hit industries around the globe including banks, health care, ...

Delta is seeking damages for its losses from the July IT incident, as well as litigation costs and punitive damages.

CrowdStrike (NASDAQ: CRWD) was nearly the undisputed best cybersecurity investment prior to its July 19 outage incident. After that problem, CrowdStrike's position seemed a little less certain.

CrowdStrike is deeply integrated within its clients' cybersecurity solution plans. The company is seeing relatively little effects from the outage. The stock can still crush the market moving forward.

Sundry Photography / Getty Images CrowdStrike shares moved higher after RBC Capital included the stock among its top picks in the software space. The company garnered negative coverage in July ...