Compliance and Risk Management in the Spotlight: Lessons Learned from the SolarWinds Hack
We recently wrote an article discussing, briefly, a data breach for the security firm FireEye. At the time, FireEye claimed that the breach was the result of a foreign attack, a state-sponsored cyberattack, an event that has unfortunately become the norm in 2020. As we, along with the rest of the country, have learned the FireEye breach was connected to the massive SolarWinds hack, one that many are calling one of the largest security breaches in U.S. history.
Here, we’ll talk about some of the basics of the attack, including how it happened and its impact. The lessons we can learn from the SolarWinds hack can emphasize just how important risk management is for companies large and small across the U.S.