EY Expands Cybersecurity Collaboration with CrowdStrike

Ernst & Young LLP (EY US) selected CrowdStrike Holdings Inc’s (NASDAQ: CRWD) CrowdStrike Falcon to expand into new geographies and new joint offerings, including Ransomware Readiness and Resilience, Incident Response (IR), Recovery and Remediation, and the acceleration of Zero Trust capabilities.
The partnership will help to seamlessly integrate cybersecurity operations and risk management in global enterprises and boost business resiliency. Recently, the association expanded into Australia, Belgium, Brazil, Canada, and Italy.
EY and CrowdStrike teams aim to address growing concerns regarding ransomware and manage a potential incident through the new Ransomware Readiness and Resilience, IR, Recovery, and Remediation solutions, EY Americas cybersecurity leader Dave Burg said.
The Joe Biden government prioritized cybersecurity funding following multiple hacks, including Microsoft Corp’s (NASDAQ: MSFT) Exchange email software, SolarWinds Corp (NYSE: SWI) software, and Colonial Pipeline ransomware attack.
Price action: CRWD shares traded higher by 1.30% at $213.33 on the last check Monday.

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