Its stock has plummeted 23% since the beginning of … Last year, Silver Lake sold about $140 million and Thoma Bravo sold about $110 million in shares, according to regulatory filings. If you currently own shares of SolarWinds and want to receive additional information … SolarWinds’ security, meanwhile, has come under new scrutiny. 20 Jan, 2021 04:42 AM 4 minutes to read. InvestorPlace – Stock Market News, Stock Advice & Trading Tips We can avoid the turbulence of the cybersecurity sector and still invest in that segment by looking to one of the most important tech developments in years: 5G. Reddit founder backs Kiwi startup. Top investors in SolarWinds, the Texas-based company whose software was breached in … ... Penny stock Reddit thread cracks down on shills as users surge. The New York Stock Exchange struggles to handle the consequences of the listings. Former and current SolarWinds staffers say the company was slow to prioritize security, even when its software was adopted by top cybersecurity companies and federal agencies. European regulators imposed €158m in GDPR fines in the last year. But SolarWinds says as many as 18,000 entities may have downloaded the malicious trojan. Email. The UK’s National Cyber Security Centre is also investigating the breach, although no British government department has confirmed it has been affected. The company’s stock has tumbled more than 23% from $23.50 on Friday – before Reuters broke the news of the breach – to $18.06 on Tuesday. In June, the hashtag "#ExposeBillGates" trended on Twitter due to a coordinated effort from users on Reddit, 4chan, ... A SolarWinds banner hangs at the New York Stock Exchange. IT management software company SolarWinds went public today on the New York Stock Exchange opening at $15.30 per share. 3 hours Best stocks to buy and hold for exactly 3 years Reddit 3 hours Tether Unwind: Bitcoin’s Pain Would Mean Gold’s Gain Seeking Alpha 3 hours What company do you think will have the largest market cap in 100 years? You should know everything about your system and any possible attack surfaces. Also on that Monday, SolarWinds' two largest investors, which control a majority stake in the company, sold more than $280 million in stock to a Canadian public pension fund. Shares in SolarWinds Corp, which is controlled by Silver Lake and Thoma Bravo, were down more than 5% on Tuesday, after the information technology services provider said on Sunday that cyber spies hid malicious code in the body of legitimate software updates. In November 2020, China Telecom, China Mobile, and China Unicom Hong Kong were delisted on the NYSE in response to an executive order. 4 weeks 5G Stocks: SolarWinds Hack Reveals a “Backdoor” Cyber Trade InvestorPlace . North American stock markets increase while loonie climbs above 79 cents. In my field, to meet US Cyber Security Law under 10CFR73.54, we actually go to the 3rd party vendor's physical office and investigate their supply chain security, software/hardware security, physical security, QA program, etc before using their products to … This tainted code was installed by thousands of SolarWinds customers including key departments of the US government that were subsequently hacked via the hidden remote access hole. This April 18, 2019, photo shows a sign for Zoom Video Communications ahead of the company’s Nasdaq IPO in New York. Investors in breached software firm SolarWinds traded $280 million in stock days before hack was revealed. The SolarWinds hack revealed in December 2020 underlines the ease with which software and system supply chains can be easy targets if there isn’t a good cybersecurity policy embedded into an organization.. UBS analyst Karl Keirstead, who has a buy rating and a $243 price target, said while Microsoft MSFT, +0.44% products were leveraged by hackers in the attack […] Facebook Twitter Reddit Email RSS Feed Newsletter Donate. Print Listen to ... firms in a joint statement said they “were not aware of this potential cyberattack” at the time they sold the stock. SolarWind’s stock … Shares in SolarWinds, which is listed on the New York Stock Exchange, are down by 25 percent since the disclosures. After the SolarWinds attack happened, many businesses were scrambling to find out if they were even using the affected software. December 18, 2020 by IWB. The breach took the air out of SolarWinds, which is now based in the hilly outskirts of Austin, Texas. Now is the time to take stock of your infrastructure, software, and supply chains. The current list contains Eight other companies in addition to Xiaomi and companies previously on the list. Microsoft Corp. was wrapped into a massive cybersecurity attack late last year, but the unprecedented intrusion may actually end up being a positive for the company’s bottom line. The impact on SolarWinds was more immediate. On Monday, news broke that Russian hackers breached SolarWinds in an effort to compromise numerous organizations. The stock symbol ... Intel Corp., the world’s largest chipmaker, said it’s investigating whether it was a victim of the SolarWinds Corp. hack that has roiled the U.S. government and private sector. A man named Timothy Bremer has filed a class-action against the CEO and CFO of SolarWinds, a U.S. company offering information technology monitoring and management tools. Email Twitter LinkedIn Facebook Reddit Hacker News. 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