SolarWinds’ shares drop 22 per cent. But what’s this? $286m in stock sales just before hack announced?

SolarWinds’ shares drop 22 per cent. But what’s this? $286m in stock sales just before hack announced?

Two Silicon Valley VC firms, Silver Lake and Thoma Bravo, sold hundreds of millions of dollars in SolarWinds shares just days before the software biz emerged at the center of a massive hacking campaign.


Silver Lake and Thoma Bravo deny anything untoward.


The two firms owned 70 per cent of SolarWinds, which produces networking monitoring software that was backdoored by what is thought to be state-sponsored Russian spies. This tainted code was installed by thousands of SolarWinds customers including key departments of the US government that were subsequently hacked via the hidden remote access hole.


News of the role SolarWinds' hijacked Orion software played in the hacking spree emerged at the weekend, and on Monday the developer's share ..

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