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More Revelations On SolarWinds Hack

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·1 min read
In this article:
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  • The suspected Russian hackers who misused SolarWinds Corp (NYSE: SWI) and Microsoft Corp (NASDAQ: MSFT) software to dent into U.S. federal agencies surfaced with information about counter-intelligence investigations, policy on sanctioning Russian individuals, and the country’s response to COVID-19, Reuters reports.

  • Related Content: SolarWinds Hackers Breached Homeland Security Officials Emails: Report

  • The reluctance of some publicly traded companies to explain their exposure has provoked a broad SEC inquiry.

  • Microsoft said the Russian spies were ultimately looking for government material on sanctions and other Russia-related policies, along with U.S. methods for catching Russian hackers based on the types of customers and accounts targeted.

  • The U.S. Department of Justice will launch civil legal action against federal contractors if they fail to report cyberattacks or data breaches.

  • Others who worked on the government’s investigation saw terms that the Russians used in their searches of U.S. digital files, including “sanctions.”

  • The initiative will hold entities like federal contractors or individuals accountable for putting U.S. cyberinfrastructure at risk by deliberately providing flawed cybersecurity products or services.

  • Price Action: SWI shares closed higher by 0.88% at $18.35 on Thursday.

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