NYSE:SWI   SolarWinds Corporation
50 products for specific IT tasks, but they are combined in a single interface, which SolarWinds calls the Orion platform.

"hackers funded by a foreign government broke into the computer networks of the american software manufacturer solarwinds and implemented a malicious update for its orion software in order to infect the networks of government and commercial organizations using it," fireeye reported on sunday, december 13 .

The damage can be much broader and risk factors for reputation, which can even become a death trap for the company.

However, let's look at it from the other side, many companies were attacked and only a few failed to get out , while out of 18 thousand organizations that downloaded malicious updates for SolarWinds Orion software, only forty (about 0.2%) were subjected to further cyber attacks through the installed backdoor. However, SolarWinds is unique in the ecosystem. Almost everything they provide can be replaced with other software, but it will take time to build, it will cost a lot of money, and it will not have the unified user interface that Orion offers. I think this is a sufficient reason to keep the company afloat . .

Following the news of the hack, the stock nearly halved from $ 24.20 to $ 14 . On the chart, we see the interest of large buyers at the level of 11.50 -12.20 . if the price breaks through the level of 12.00 and does not slip too far , then this formation will be ideal for entry and you can work out a false breakout. Take will be good ..

Share your opinion in the comments and support the idea with likes.
Thank you for your support!

Хочешь хороших денег – умей выжидать
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.