SolarWinds Cybersecurity Hack Targeted U S State Department, Treasury
Date: 2020-12-24 20:14:25
The world has a way of reminding us of our own helplessness. The year 2020 has had more than its share of examples to choose among, but for those who prefer to direct their existential dread toward the inability of anyone to protect digital data, the recent revelation of one of the most significant cybersecurity attacks in history is an excellent place to start.
In the spring, hackers managed to insert malicious code into a software product from an IT provider called SolarWinds Corp., whose client list includes 300,000 institutions. About 18,000 of them were exposed when they downloaded a legitimate update from SolarWinds—the exact thing you’re supposed to do to keep your defenses fresh. The attackers spent months running freely through their victims’ networks before anyone noticed—harvesting secrets—and they may have been inserting vulnerabilities and doing who knows what else. The U.S. government and independent cybersecurity experts have tied the attack to hackers affiliated with the Russian government, and its victims include the U.S. departments of Commerce, State, and Treasury, Microsoft Corp., and cybersecurity firm FireEye Inc.
Sure, go ahead and mix a few special characters into the password for your email account if it makes you feel better.
In a sense, the SolarWinds attack is far removed from the security concerns of individual users, who are more vulnerable to such things as having their computers locked until they cough up ransoms denominated in Bitcoin. It’s not worth thinking too much about hardening yourself against state-sponsored hackers, just as you wouldn’t choose a deadbolt for your front door based on how well it would stand up to an intercontinental ballistic missile.
Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30
Connect with us on…
Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews