Debating the SEC Charges Against SolarWinds CISO
New podcast episode on a hot cybersecurity topic! Ira Winkler and I discuss the SEC case against SolarWinds and their CISO, from different perspectives! We cover a lot of ground. Listen at your own risk!
The U.S. Securities and Exchange Commission is charging SolarWinds and its CISO with fraud and Internal Control Failures!
This will have a ripple effect on the cybersecurity industry!
SEC official announcement: https://www.sec.gov/news/press-release/2023-227
SEC Complaint (.pdf) https://www.sec.gov/files/litigation/complaints/2023/comp-pr2023-227.pdf
Ira Winkler’s LinkedIn Profile: https://www.linkedin.com/in/irawinkler/
Follow Matthew on LinkedIn: https://www.linkedin.com/in/matthewrosenquist/
Subscribe to the Cybersecurity Insights channel: https://www.youtube.com/CybersecurityInsights
Don't do the crime if you can't do the time!
It seems to me that the main problem with Solar Winds was that that the financers behind Solar Winds (aka Bane Capital) was buying up security firms with the goal of creating a category killer.
Bane used this model in other industries and have creates a great deal of harm.
The industry consolidation created an environment where a failure of the "category killer" company led to a more serious data breach.
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Well, if executives are forthcoming with material details of their company to current/potential investors, then such deceit is a crime of fraud.
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I laughed at the part where your guest said about how Chinese infiltration actually made the system safer.
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We have seen malware wars where one virus will find and remove another virus, then patch the system, so they alone have control!
Haha, that's kinda comical to picture in my mind.
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