Cybersecurity Drama Showcases an Opportunity in the Upwards Base Consolidation Screener

It’s an issue that just won’t go away. Late last week, cybersecurity specialist CrowdStrike (CRWD) suffered an ignominious outage due to a bug in a software update. The crash impacted millions of Windows-integrated devices worldwide, leading to temporarily halted operations in numerous industries, including government agencies, financial institutions and airlines.

To be fair, CrowdStrike got in front of the problem quickly, undoing the software update and providing its enterprise-level clients with a manual workaround to correct affected devices. Still, the company warned that the restorative process may be a lengthy one for certain systems. Not surprisingly, CRWD stock has been cratering since the incident.