Hints and tips:
...Microsoft said the attacks underlined the risks posed by groups such as Midnight Blizzard, which was responsible for a high-profile spree of cyber attacks in 2020 that hijacked software from the software group SolarWinds...
...The 2020 SolarWinds hack on Microsoft’s cloud service is a case in point....
...In 2020, the company first revealed the SolarWinds hack, a sophisticated cyber espionage campaign attributed by US officials to Russia’s foreign intelligence service, after the company was itself breached...
...“When coupled with the attack on SolarWinds, it’s clear that part of [the hackers’] playbook is to gain access to trusted technology providers and infect their customers,” he added....
...In the case of SolarWinds, the hack was not discovered for more than a year....
...It added that it had “evidence” of “access vectors, other than the SolarWinds Orion platform” which were being investigated....
...Authorities are still struggling to understand the scope of the fallout from the SolarWinds hack, which has prompted calls for President Joe Biden to prioritise US cyber security....
...The hacks also marked a second embarrassment for Microsoft, after it emerged that weaknesses in its systems had played a role in facilitating some of the SolarWinds breaches....
...Microsoft has faced scrutiny this year after cyber experts said suspected Russian spies wielded “systemic weaknesses” in its authentication process to get unfettered access to data in the SolarWinds hack...
...The cyber attacks would be in retaliation for last year’s SolarWinds hack of network management software that gave access to some 18,000 organisations’ systems....
...(FT) US considers sanctions against Russia over SolarWinds hack The Biden administration is planning a package of measures, including sanctions, to punish Russia over the SolarWinds espionage campaign that...
...State-sponsored hacking also escalated, culminating this month with the Covid vaccine supply chain being targeted and Russia being blamed for the SolarWinds hack that penetrated US government networks....
...The US has not directly blamed the Kremlin, but the US Treasury earlier this year accused Russia’s FSB, of “cultivating and co-opting” one ransomware group, known as Evil Corp....
...Among the largest of these are: Vista Equity Partners’s $6.4bn acquisition of software maker Solera; Silver Lake and Thoma Bravo’s takeover of SolarWinds; and Pamplona Capital Management’s deal to buy MedAssets...
...Silver Lake and Thoma Bravo will pay SolarWinds’ shareholders $60.10 per share, a 20 per cent premium to Tuesday’s close....
...Consider this representative handful: NetSuite (budgeting), Workday (human resources), SolarWinds (network management), Splunk (data analysis), ExactTarget and Responsys (both marketing)....
...second end market, distributed system software, is meant to be BMC’s growth platform – except that it has been shrinking as cheaper, more nimble “software as a service” upstarts such as ServiceNow and Solarwinds...
...Mr Thompson, who has almost 20 years experience in corporate finance, planning and management, is CFO at network management company, SolarWinds....
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