SolarWinds Corp. faces potential lawsuits following a suspected nation-state cyberattack that is said to have exposed a range of U.S. federal agencies and corporations.
The company, which said its Orion software product was likely attacked “by an outside nation state,” could see suits from affected business partners and agencies that feel their contracts with SolarWinds were broken. It could also be slapped with class action litigation, possibly under securities laws.
How successful such claims prove to be depends in large part on details surrounding the attack that hadn’t materialized as of Monday, said Erik Weinick, an attorney at Otterbourg P.C. ...