CrowdStrike has moved to dismiss Delta Air Lines’ lawsuit over a July cybersecurity outage, arguing the airline is attempting to bypass their contract terms. The agreement includes liability limitations and a damages cap, which CrowdStrike claims Delta is trying to circumvent. The cybersecurity company also stated that Georgia law precludes Delta from seeking economic damages through tort claims. Delta estimates the outage cost over $500 million in canceled flights, refunds, and accommodations, alongside unquantifiable reputational damage and a Department of Transportation investigation. CrowdStrike contends Delta rebuffed its offers to assist during the outage, citing messages from Delta executives.
Category
🗞
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02CrowdStrike has moved to dismiss Delta Airlines' lawsuit over a July cybersecurity outage,
00:07arguing the airline is attempting to bypass their contract terms.
00:10The agreement includes liability limitations and a damages cap,
00:13which CrowdStrike claims Delta is trying to circumvent.
00:17The cybersecurity company also stated that Georgia law precludes Delta
00:21from seeking economic damages through tort claims.
00:24Delta estimates the outage cost over $500 million in canceled flights,
00:28refunds, and accommodations, alongside unquantifiable reputational damage
00:33to the Department of Transportation investigation.
00:35CrowdStrike intends Delta rebuffed its offers to assist during the outage,
00:39citing messages from Delta executives.
00:41For all things money, visit Benzinga.com.