CYBER Insights » THREAT INTEL: SOLARWINDS – Cleaning up SolarWinds hack may cost as much as $100 Billion

THREAT INTEL: SOLARWINDS – Cleaning up SolarWinds hack may cost as much as $100 Billion

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Gibraltar: Monday 15 July 2024 at 12:00 CET

THREAT INTEL: SOLARWINDS – Cleaning up SolarWinds hack may cost as much as $100 Billion 

By Andy Jenkinson – Guest Contributor |  Group CEO Cybersec Innovation Partners
via CYBERInsights
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”Cleaning up SolarWinds hack may cost as much as $100 billion Government agencies, private corporations will spend months and billions of dollars to root out the Russian malicious code.”  Gopal Ratnam January 11, 2021.

Prior to SolarWinds‘ massive cyberattack, discovered, by chance, in December 2020, it was later proven that unlawful Access had been gained via a NOT SECURE subdomain and INSECURE DNS servers that enabled the launch of the world’s largest Cyberattack, to date.

The below NOT SECURE mx.solarwinds.com subdomain screenshot was captured within days of the attack being confirmed and the DNS INSECURE DNS servers pre-dated the announcement by 8 months.

Whitethorn Shield from Cybersec Innovation Partners was used to identify these exposed, vulnerable, and quite likely exploited Internet Assets which estimates suggest have exceeded $100 billion in costs and losses.

Whitethorn Shield PPV (Pay Per Vulnerability) was launched yesterday to enable companies to gain real-time visibility of their critical Internet Assets enabling proactive, pre incident prevention as opposed to post even forensic analysis.

Other solutions such as Patch Tuesday and PDNS are Post incident and therefore Reactive at best.

If SolarWinds had enjoyed the unique benefits of Whitethorn Shield PPV, the cost over loss could be written as the following decimal: 0.00000001.

At £1k per identified Internet Asset vulnerability no organization should ever suffer digital intrusion and unlawful access. The two examples below at £1k each could have been the best £2k SolarWinds had ever spent.

Equally, every SolarWinds client that suffered costs and losses as third-party clients should also know.

The question organizations, executives, even Tim Brown should be asking is: ”How Secure Are Our Internet Assets and DNS. Do We Know?”

If the answer to these questions is anything other than a resounding YES, I would suggest you can contact us at the earliest opportunity to avoid the inevitable…

[email protected]

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About Andy Jenkinson

Group CEO CIP. Fellow Cyber Theory Institute. Director Fintech & Cyber Security Alliance (FITCA) working with Governments. Recognised Expert in Internet Asset & DNS Vulnerabilities.

Andy Jenkinson is a senior and seasoned innovative Executive with over 30 years’ experience as a hands-on lateral thinking CEO, coach, and leader. A ‘big deal’ business accelerator, and inspirational, lateral thinker, Andy has crafted, created, and been responsible for delivering 100’s £ millions of projects within the Cyber, Technical, Risk and Compliance markets for some of the world’s largest, leading organisations. Andy has a demonstrable track record of largescale technical delivery and management within many sectors including the Professional, Managed, and Financial Services.