CrowdStrike has seen its revenue soar in recent years as customers appreciate the company's ability to handle all of their cybersecurity needs -- and through a convenient software-as-a-service model. The stock price has followed, gaining more than 380% over the past five years.

An executive at cybersecurity company CrowdStrike apologized in testimony to Congress for sparking a global technology outage over the summer.

Adam Meyers, a senior vice president with the IT firm at the heart of July's mass outage, faced a grilling by US lawmakers.

Adam Meyers, a senior vice president of the cybersecurity firm, testified in front of a House Homeland Security subcommittee about the July mishap.

A senior executive at cybersecurity firm CrowdStrike apologized at an appearance before a U.S. House of Representatives subcommittee on Tuesday for a faulty software update that caused a global IT outage in July.

A senior executive from the cyber-security firm was questioned by US lawmakers on the IT meltdown it caused in July.

Executive tells House subcommittee that the cybersecurity firm has reformed its practices, but sidesteps questions on compensation to those harmed by the July tech meltdown.

CrowdStrike's senior vice president for counter adversary operations, said the company was 'deeply sorry' for the outage and 'determined to prevent it from happening again'.

CrowdStrike executive Adam Meyers told US legislators that the company was "deeply sorry" and "determined to prevent this from ever happening again" after the July outage

A senior executive at CrowdStrike has apologised for a faulty software update that caused a global IT outage in July.

The incident crippled around 8.5m computers running Microsoft software, which brought businesses and infrastructure to a standstill