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Well worth a read. On the 27th April the New York State Department of Financial Services (DFS) released a report on the SolarWinds attack, its impact on covered financial services firms and their response. It provides some interesting reading with companies adopting different approaches to dealing with the issue, varying patch regimes and remediation time lines. With recommendations for its covered entities to focus on supply chain risk, to reduce the impact of similar attacks in the future.
Superintendent of Financial Services Linda A. Lacewell reaffirmed that ¢â‚¬Å“This incident confirms that the next great financial crisis could come from a cyber attack,¢â‚¬Â‚ , ¢â‚¬Å“Seeing hackers get access to thousands of organizations in one stroke underscores that cyber attacks threaten not just individual companies but also the stability of the financial industry as a whole.¢â‚¬Â‚Â
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