SolarWinds Investor Investigation
Girard Sharp is investigating reports that SolarWinds failed to take appropriate cybersecurity measures, resulting in a security breach. Before the recent hack, SolarWinds was warned that its weak security apparatus rendered it vulnerable to a data breach. After the reported breach, SolarWinds continued to offer compromised software to its clients for several days.
SolarWinds’ stock fell significantly on disclosure of the breach, causing investment losses.
If you are a SolarWinds investor, you may have a claim for relief.
Protect your rights by speaking with a Girard Sharp attorney—dial (866) 981-4800 or submit your information below.
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More Information on the SolarWinds Security Breach
SolarWinds is an IT software firm, used by 425 of the Fortune 500 companies. On December 13, 2020, it was reported that hackers had gained access to SolarWinds’ clients’ data by inserting a vulnerability into one of its products. The compromised products were released as updates between March and June of 2020. Affected clients include the FBI, the Treasury Department, and Cisco Systems.
The trading price of SolarWinds’ stock fell dramatically on news of the breach and the fact that SolarWinds had been previously alerted to its weak data security.
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