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Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into SolarWinds Corporation (NYSE: SWI).
In December 2020, news outlets reported that the Company was the target of a massive cyberattack that exploited the Company’s monitoring software to infiltrate government agencies and private-sector companies, which the Company confirmed the next day, disclosing that a “vulnerability was inserted within the Orion products and existed in updates released between March and June 2020.” Subsequent news reports revealed that the Company had been made aware of the vulnerabilities the prior year and that even after being aware that their software had been compromised, the malicious updates were still available for download, which ultimately ensnared nine government agencies and more than 100 other organizations.