Simply Stated - All Things Finance

What is SolarWinds? Why Does it Matter?

May 05, 2021 Conference of State Bank Supervisors (CSBS) Season 3 Episode 7
Simply Stated - All Things Finance
What is SolarWinds? Why Does it Matter?
Show Notes Chapter Markers

Guest: CSBS Senior Director of IT Security Engineering & Operations Charles Hill

Today, we speak with Charles about SolarWinds to learn what it is, what happened with the company and the far-reaching consequences of this cybersecurity breach.

What is SolarWinds?
What exactly happened?
When did someone notice something was amiss?
Who is impacted by this hack?
What did this attack do?
Who is sophisticated enough to conduct this type of attack?
How bad is this overall now that it's identified?
What's the worst-case scenario?
Is there any good news at all?