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Investors in breached software firm SolarWinds traded $280 million in stock days before hack was revealed

Investors in breached software firm SolarWinds traded $280 million in stock days before hack was revealed

This article was published more than 2 years agoCommentGift ShareTop investors in SolarWinds, the Texas-based company whose software was breached in a major Russian cyberattack, sold millions of dollars in stock in the days before the intrusion was revealed.The timing of the trades raises questions about whether the investors used inside information to avoid major losses related to the attack. SolarWinds’s share price has plunged roughly 22 percent since the company disclosed its role in the breach Sunday night.On Dec. 8, the cybersecurity firm FireEye that hackers had broken into its...

December 16, 2020
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