CrowdStrike’s CEO Says a Wave of Cyber Attacks Are Coming

Quick Read

• CrowdStrike (CRWD) jumped 8% and Palo Alto (PANW) gained 7% after Kurtz warned PHP flaws affecting 70% of websites will trigger a surge of breaches.

• Okta (OKTA) rose 6% and Datadog (DDOG) gained 5% as traders bought shares across the cybersecurity sector.

  

• Without federal confirmation of PHP exploitation or breach disclosures before December, CrowdStrike is likely to give back much of its $20 gain.

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On Friday, October 23, 2026, CrowdStrike (NASDAQ:CRWD) chief executive George Kurtz gave a television interview. He said newly disclosed flaws in PHP, the programming language behind nearly 70% of websites, will lead to a surge of break-ins. “You’re going to see a lot of breaches happening in the coming months from this,” he said, adding, “This is part of the long tail of these vulnerabilities that we see.”