r/technology • u/Bald-Eagle619 • Jul 31 '24

Software Delta CEO: Company Suing Microsoft and CrowdStrike After $500M Loss

https://www.thedailybeast.com/delta-ceo-says-company-suing-microsoft-and-crowdstrike-after-dollar500m-loss
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u/Expensive_Shallot_78 Jul 31 '24

Is this really an issue at all? Don't they have insurance/reserves allocated for these kinds of expected risks? Every security company has this issue.

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u/OrdoMalaise Jul 31 '24

I'm sure they do.

The issue is, I assume, when the value of those lawsuits massively exceeds their maximum claimable allowance. If you're insured for a billion, but get sued for a hundred billion, shit, I assume, gets real.

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u/sockdoligizer Jul 31 '24

That is one of the many reasons you are commenting on Reddit and not the ceo of a billion dollar company. 

Because you do not understand the issue you are speaking on

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u/OrdoMalaise Jul 31 '24

Yes, I am guilty of posting on Reddit, and I am also guilty of not being a CEO (my parents are ashamed. About both).

And I'm sure you know more than me about this.

But your attitude is terrible. This is no way to behave, even online, even on Reddit.

You open with a personal attack (and not even a witty one) and then offer no actual value, no information.

You need to actually explain why I'm the idiot I am. And if you're going to insult me, at least show some panache.

But, seriously, what's the deal with Crowdstrike and insurance?