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Stock impact report

CISOs Are Facing Challenges In Proactive Threat Defense And Compliance Management [Forbes]

SolarWinds Corporation (SWI) 
Last solarwinds corporation earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Forbes
Chief information security officers (CISOs) are tasked with not only safeguarding their organizations but also demonstrating the value of their cybersecurity initiatives. Regulations from the SEC demanding increased transparency in cybersecurity practices add a layer of complexity to an already intricate role. Accompanying this, ransomware attacks are dominating the news cycle, including the MGM cyberattack and alleged Sony data breach . Chainalysis found that in the first half of 2023 alone, attackers extorted $176 million more than in 2022 . Paired with the ongoing shortage of cybersecurity personnel, budget constraints and a lack of executive communication, the needs of security leaders are evolving—especially in how they analyze, manage and communicate their cybersecurity postures. In October, the SEC officially brought charges against SolarWinds. According to TechCrunch , the SEC “charged SolarWinds and its top cybersecurity executive Timothy Brown with fraud and internal co Show less Read more
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