"A SolarWinds spokesperson told The Register that the company is "clearly delighted" with the outcome. "We fought with conviction, arguing that the facts demonstrated our team acted appropriately," the spokesperson said, adding that the SEC's decision "is a welcome vindication of that position." "We hope this resolution eases the concerns many CISOs have voiced about this case and the potential chilling effect it threatened to impose on their work.""
"In a subsequent blog about the dismissal of the case, SolarWinds CEO Sudhakar Ramakrishna said the SEC decision "marks the end of a transformative chapter for SolarWinds and the beginning of our next." Ramakrishna said the attack - which saw Russian spies backdoor the vendor's Orion network monitoring suite after gaining access to the company's internal infrastructure - "shaped a new SolarWinds.""
The SEC filed a joint motion to dismiss its civil enforcement action against SolarWinds and Chief Information Security Officer Timothy G. Brown, characterizing the decision as taken "in the exercise of its discretion." SolarWinds described the dismissal as a vindication and said it hopes the outcome eases concerns from CISOs about chilling effects on security work. CEO Sudhakar Ramakrishna framed the decision as the end of a transformative chapter and noted that the SUNBURST compromise reshaped the company. The SUNBURST backdoor affected SolarWinds' Orion, was downloaded by about 18,000 organizations, and led to roughly 100 downstream intrusions including major tech firms and U.S. government departments.
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