The legal actions may have a chilling effect on hiring CISOs, who are already in short supply, but may also expose just how budget-constrained most security executives are.
SEC Charges Against SolarWinds CISO Send Shockwaves Through Security Ranks
Internal messages revealed employees were well aware they were misleading customers in the wake of the discovery of the Orion vulnerability …
[Brown] messaged a colleague ‘Well, I just lied.’"
The SEC further accused Brown of selling inflated SolarWinds stocks before its value plummeted once the full impact of the compromise became public. Between February 2020 and the end of August 2020, Brown sold 9,000 shares of SolarWinds at a profit of $170,000