Debating the SEC Charges Against SolarWinds CISO

in #technology25 days ago

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

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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.

!WINEX

 22 days ago 

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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 25 days ago 

I laughed at the part where your guest said about how Chinese infiltration actually made the system safer.

!discovery 47

 22 days ago 

We have seen malware wars where one virus will find and remove another virus, then patch the system, so they alone have control!

 22 days ago 

Haha, that's kinda comical to picture in my mind.

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