George Kurtz on cybersecurity strategy
From CrowdStrike CEO George Kurtz goes one-on-one with Jim Cramer · · CNBC Television
“Well, Jim, you have to look at security. There's many different facets, and finding vulnerabilities in source code is one facet of it. Okay. And that's what the LM models do pretty well. But then you have to look at the overall purpose of security. It's to stop the breach. You have to be in line. You have to be you have to get it right. You know, the first time you see a threat, you've got to be able to create data that allows you to understand what's happening and train that data. And we have a massive proprietary data mode from, you know, over a decade of doing this. So at the end of the day, we can use these LMs to be more successful and have greater impact with our customers. But it's only one aspect of what you need to do to build a security platform like Falcon. So when this came out, I think a lot of people were confused that if you got rid of all the vulnerabilities, that the world would be safe, that's not the case. You can get rid of all the vulnerabilities in the world, and you would still have break-ins because you have things like identity theft. And what I mean by that is your credentials, your username, your password, your tokens get stolen. People log into a system and steal all that data. So there are many ways to get into a system. Exploiting a vulnerability is just one of those. And you're never going to get rid of all of them, and you're still going to need a full lifecycle system, a system of record like Falcon, to be able to stop those breaches.”
On , George Kurtz, Co-Founder, President, Chief Executive Officer & Director at CrowdStrike, spoke about cybersecurity strategy during CrowdStrike CEO George Kurtz goes one-on-one with Jim Cramer on CNBC Television.
About George Kurtz
George Kurtz, co-founder and CEO of CrowdStrike, has been active in recent months discussing the company's financial performance, its strategic initiatives, and the evolving cybersecurity landscape. In multiple earnings calls and media appearances, Kurtz highlighted record quarterly results, including strong annual recurring revenue (ARR) growth and a Rule of 40 of 59. He promoted the company's Falcon Flex subscription model, which he described as enabling customers to adopt modules as needed, and noted that its total deal value had grown significantly. Kurtz also announced a $1 billion share repurchase authorization and outlined expectations for margin expansion in fiscal 2027. Kurtz has focused public remarks on the impact of artificial intelligence on cybersecurity. He introduced "Project Quilt Works," a coalition with firms such as Accenture, IBM, and EY aimed at identifying and prioritizing AI-related vulnerabilities, which he characterized as a "security Y2K moment" requiring urgent board-level attention. He described AI agents as expanding the attack surface and stated that CrowdStrike aims to be the "protector of autonomous AI agents." Kurtz also discussed the company's expanded partnership with AWS, its work with frontier AI models from OpenAI and Anthropic, and the growing threat of state-sponsored cyber operations, which he said increased by 150% in the previous year. Separately, he addressed requests from the DOJ and SEC related to revenue recognition and the July 19 outage. In an interview focused on business and racing, he cited his investment in the Mercedes-AMG Petronas Formula 1 team and emphasized that people, execution, and strategy are key to success.