Security News > 2021 > August > SolarWinds 2.0 Could Ignite Financial Crisis – Podcast

Bart McDonough: I think when people hear the term financial services? I think that the lay person thinks of banking, and they're right to be concerned about cybersecurity at banks, but candidly, those organizations are really well-equipped.

So I think that right there should be a wake-up call to the regulatory bodies, certainly to the industry about the risks that are facing these kind of other financial services.

You said wake up call, and that made me think of this recent European report that said that the next financial crisis could be cyber.

You know, I think what's so interesting about the SolarWinds attack and other kind of supply chain attacks is they really test the cybersecurity fundamentals of a firm because it's not like you can just buy a piece of software and detect this, the best organizations in the world.

So I think when we think about the next big wave of threat and the reason why I think that article and articles like that, that tied this back to the, the SolarWinds attack is because it really stresses the foundation of cybersecurity in these firms.

That's giving them time back to do their job, right? No one comes to work, to deal with the IT department, as much fun as I think it is.

News URL

https://threatpost.com/solarwinds-financial-crisis-podcast/168677/