Security Awareness ‘Shot Through the Roof’ Post-SolarWinds: CrowdStrike CFO

The Russian government-sponsored hack of SolarWinds Orion software used for network management systems (see 2012170050) “highlights the necessity for companies to be vigilant in terms of how they think about security,” CrowdStrike Chief Financial Officer Burt Podbere told a Needham investor conference virtually Thursday. The breach puts corporate chief information security officers on the hot seat with their boards, he said: “They’d better have good answers, and they’d better have tested the solutions out there.” SolarWinds again puts security “front and center,” and highlights “the sophistication of the bad actors,” he said. Security awareness “shot through the roof” due to the hack, but “it's really too early to tell the impact on that in terms of customer spend” on new or improved cybersecurity solutions, he said.