Call us now:
Ted Dziekanowski it’s Halloween and reading the indictment against SolarWinds, it maybe time to bring out the dead.
The quote of the day has to be, related to vulnerabilities identified in the Orion Platform, Even if we started to hire like crazy, which we will most likely not, it will still take years. Can’t really figure out how to unf**k this situation. Not Good [sic] relating to the amount of vulnerabilities that needed to be fixed in the platform.
The CEO of SolarWinds is on record as saying the company will “vigorously†defend against the federal charges. The SECs view is the cyber risk were material risks before the cyber incident. This will be a case to watch
Maybe its time for boards to focus on addressing cybersecurity risk management? From December 2023, covered entities will be held to a higher bar that SolarWinds under the Cyber Final Rule.
One suspects that SolarWinds is not the only company with these problems. Its time to ‘Bring out your dead’, in the annual reports and be clear about material cyber risks before the incident. As the SEC may find the bodies under the floorboards, as it appears to have in the indictment against SolarWinds.
Brian D. McCarthy Bob Dix
#paravasecuritysolutions #cybersecurity #solarwinds #cyberriskmanagement #securitiesandexchangecommission
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