“Microsoft Corp. was wrapped into a massive cybersecurity attack late last year,” reports MarketWatch, “but the unprecedented intrusion may actually end up being a positive for the company’s bottom line.” UBS analyst Karl Keirstead, who has a buy rating and a $243 price target, said while Microsoft products were leveraged by hackers in the attack on SolarWinds Corp.’s Orion IT management software, because they are commonplace, “the broader cyber-security community are not pointing fingers at Microsoft.” Keirstead noted that the attack actually drove more customers into public cloud infrastructures like Azure, Amazon.com Inc.’s and Alphabet Inc.’s Google Cloud “given a view that cloud data centers are more secure and that constantly patching/updating on-premise software like Orion presents a security risk that can be transferred to Microsoft, Amazon or Google.” “Bottom line, we believe this cyber-security attack could be a modest net positive for Microsoft,” Keirstead said.Read more of this story at Slashdot.
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SolarWinds breach information center
The prevalence of SolarWinds backdoor assault, the sophistication of the hackers behind it and also the variety of prominent targets make it the most significant cyber assault of 2020– as well as perhaps the past decade.
The continuous SolarWinds violation also shines a light on how harmful a supply chain strike can be and provides infosec pros yet one more reason to examine their security systems and also processes.
FireEye Inc. disclosed in December 2020, that suspected nation-state cyberpunks had actually successfully carried out a huge supply chain strike on SolarWinds Orion, a popular IT efficiency monitoring system. The attack permitted hazard stars to access federal government as well as business networks worldwide.
The Cybersecurity and also Infrastructure Safety Firm (CISA) and also the Office of the Director of National Knowledge stated in a joint declaration with the FBI in December 2020 that the attacks are continuous as well as widespread.
Significant tech firms, consisting of Cisco, Intel, Microsoft and also Nvidia, reported malicious SolarWinds updates, though the companies state there is no proof that hazard stars breached their networks.
In January 2021, the U.S. Department of Justice published a declaration stating the worldwide SolarWinds occurrence impacted multiple federal agencies– including the Justice Department’s Microsoft Workplace 365 email system. The violation shows up to have actually affected 3% of the Workplace 365 mail boxes, and the Department stated there’s no indication that classified details was affected.
Examinations into the SolarWinds backdoor cyber assault up until now indicate Russian reconnaissance.
Right here, we supply whatever you need to learn about the SolarWinds breach, exactly how it infiltrates systems, and the continuous action from infosec industry experts as well as vendors.
Sufferers of the SolarWinds backdoor attack continue to be revealed as large tech business as well as companies find malware infections as well as act to minimize dangers.
The SolarWinds backdoor malware hit Orion System versions 2019.4 HF5 with 2020.2.1, which were launched in between March 2020 and June 2020.
In Dec. 2020, SolarWinds disclosed a 2nd backdoor, discovered by Palo Alto Networks researchers, referred to as Supernova. The Supernova malware called for the exploitation of a vulnerability in the Orion software application platform, which SolarWinds had patched in a recent update. Unlike Sunburst, Supernova was not a supply chain attack.
Right here’s the most recent news on the recurring SolarWinds backdoor breach.
