SolarWinds Investors File Suit for Failing to Monitor Cybersecurity Risks

SolarWinds Corp. investors have sued the software company's directors, alleging they knew about and failed to monitor cybersecurity risks to the company ahead of a breach that created a vulnerability in thousands of its customers' systems. The lawsuit filed in Delaware appears to be the first based on records shareholders demanded from the company after Reuters reported last December that malicious code inserted into one of the company's software updates left U.S. government agencies and companies exposed.