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How Should Directors Respond to the SolarWinds Attack
It is no surprise that the SolarWinds cyberattack of December 2020 continues to be in the news on a daily basis. Why? First, it was likely a sophisticated nation-state attack. It likely affected upwards of 18,000 clients of SolarWinds. It definitely affected many United States Government agencies also. The attack was sneaky and continues to be very hard to find on affected networks. Most importantly, it happened in an area that many people had not previously considered a risk — a regular update on a critical vendor software package that many companies have installed, get regular updates on, and, when updates are issued, they just press the button to stay "install."
This article is not about "who did what wrong" or "what nation-state commenced this attack." There are enough of those articles around. What this article is really more about is, "if I am a Director, what should I be thinking about the SolarWinds attack?" Indeed as noted by former SEC Commissioner Luis Aguilar on cybersecurity:
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