Falanx Group Limited Update on SolarWinds(R) Orion(R) Platform Cyberattack
18 December 2020 - 6:00PM
RNS Non-Regulatory
TIDMFLX
Falanx Group Limited
18 December 2020
FALANX GROUP LIMITED
("Falanx", the "Group" or the "Company")
Update on the SolarWinds (R) Orion(R) Platform Cyberattack
Falanx Group Limited (FLX.L), the AIM listed provider of cyber
security and strategic intelligence services provides its investors
with some clarity over the recent news of the supply chain attack
on the SolarWinds(R)
Orion(R) Platform software, 2019.4 HF 5, 2020.2 with no hotfix installed, and 2020.2 HF1 .
On Monday, December 14, SolarWinds MSP issued this notice
offering more clarity to their MSP customers:
"We have just been made aware our systems experienced a highly
sophisticated, manual supply chain attack on SolarWinds(R) Orion(R)
Platform software builds for versions 2019.4 through 2020.2.1. We
have been advised this attack was likely conducted by an outside
nation state and intended to be a narrow, extremely targeted, and
manually executed incident, as opposed to a broad, system-wide
attack.
At this time, we are not aware of an impact to our SolarWinds(R)
MSP products including RMM and N-central.
If you own a SolarWinds(R) Orion(R) product, we recommend you
visit www.solarwinds.com/securityadvisory for more detailed
information. If you have any immediate questions, please contact
Customer Support at 1-866-530-8040 or
swisupport@solarwinds.com.
Security and trust in our software are the foundation of our
commitment to our customers. Thank you for your continued patience
and partnership as we continue to work through this issue."
For further clarity on the details this matter, please also see
the attached 8k filing by SolarWinds(R) Corporation:
https://investors.solarwinds.com/financials/sec-filings/default.aspx
Falanx Cyber does not use the Orion(R) Platform product as part
of its technology stack, Triarii.
The MSP community we work with mainly uses SolarWinds MSP
products, namely RMM and N-central. Based upon SolarWinds' current
investigation, they have found no evidence that the SolarWinds MSP
products were vulnerable to the supply chain attack.
While it is possible that our MSP customers or their
end-customers may have procured the Orion(R) Platform product, we
are working closely with our MSP partners to ensure that they have
not been impacted by this event. We are performing the appropriate
diligence in any estate where our monitoring service has been
deployed.
Rick Flood, MD Falanx Cyber said, "It doesn't matter how big or
small you are as an organisation, it is imperative that you deploy
a 24/7/365 monitored service from a Security Operations Centre
(SOC) such as ours, giving yourself the best level of detection and
protection that you can.
"We continue to offer our clients a complete range of Offensive
and Defensive services, the former including Penetration Testing,
Red Teaming, Social Engineering and Training, all of which leverage
our ability to emulate attackers. The latter including our range of
managed services from Managed EDR through Incident Response to full
Detection In Depth with Triarii, all aimed at identifying and
mitigating threats around the clock."
For more information on the Triarii Services please visit the
following page on our website:
https://falanxcyber.com/triarii-register-your-interest/
Enquiries:
Falanx Group Limited Via IFC
Alex Hambro Chairman
Mike Read CEO
Ian Selby CFO
Stifel Nicolaus Europe Limited,
Nomad and Joint Broker
Alex Price / Fred Walsh + 44 (0) 207 710 7600
IFC Advisory Ltd, Financial PR &
IR
Graham Herring / Zach Cohen +44 (0) 203 934 663
About Falanx
Falanx Group Limited, is a global intelligence and cyber defence
provider working with blue chip and government clients. For more
information: http://www.falanx.com/
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