When Uncle Sam Doesn’t Sign the Check, What’s the Buzz? A $32 million cybersecurity deal meant for the IRS that never actually made it to the tax agency’s servers. Sounds fishy, right? Enter CrowdStrike, the cybersecurity giant know...
Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
What Triggered the SEC and DOJ Probe Into a $32M IRS Cyber Deal?
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe24 FEB 2025 / TECHNOLOGY
The Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are investigating a $32 million cybersecurity deal intended for the IRS that wasn't finalized, but still resulted in payments made by IT reseller, Carahsoft. The scrutiny focuses on potential financial misconduct, as the deal, involving cybersecurity firm CrowdStrike, displayed a confluence of questionable actions, including a last-minute agreement, payments for unutilized services, and a sudden 10% surge in CrowdStrike's stock following the deal announcement.
When Uncle Sam Doesn’t Sign the Check, What’s the Buzz? A $32 million cybersecurity deal meant for the IRS that never actually made it to the tax agency’s servers. Sounds fishy, right? Enter CrowdStrike, the cybersecurity giant know...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
You’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
-1781862836.webp)
