Security News > 2020 > December > Little-Known SolarWinds Gets Scrutiny Over Hack, Stock Sales

Little-Known SolarWinds Gets Scrutiny Over Hack, Stock Sales
2020-12-17 14:05

Few people were aware of SolarWinds, a Texas-based software company providing vital computer network monitoring services to major corporations and government agencies worldwide.

It's raising questions about whether company insiders knew of its security vulnerabilities as its biggest investors sold off stock.

The compromised product accounts for nearly half the company's annual revenue, which totaled $753.9 million over the first nine months of this year.

The SolarWinds board appointed his replacement, current PulseSecure CEO Sudhakar Ramakrishna, on Dec. 7, according to a financial filing, a day before FireEye first publicly revealed the hack on its own system and two days before the change of CEOs was announced.

The hacking operation began at least as early as March when SolarWinds customers who installed updates to their Orion software were unknowingly welcoming hidden malicious code that could give intruders the same view of their corporate network that in-house IT crews have.


News URL

http://feedproxy.google.com/~r/Securityweek/~3/911HWjfMvRo/little-known-solarwinds-gets-scrutiny-over-hack-stock-sales

Related vendor

VENDOR LAST 12M #/PRODUCTS LOW MEDIUM HIGH CRITICAL TOTAL VULNS
Solarwinds 56 33 102 81 51 267