RPD - Rapid7 CrowdStrike stocks gain as cybersecurity names continue post-breach recovery
Cyber security names are seeing another day of positive trading, shaking off last week's declines as news of the SolarWinds ([[SWI]] +4.5%) breach unfolded.A flaw in the IT management software gave Russia-linked hackers access to U.S. federal and state agency networks . The compromised software was also found at a number of major tech companies, though investigations have yet to find evidence of malicious behavior.FireEye ([[FEYE]] +8.7%) came across the SolarWinds breach while investigating its own attack. SolarWinds deployed CrowdStrike's ([[CRWD]] +4.5%) Endpoint Protection Platform in response to the hack.In other security news, Rapid7 ([[RPD]] +4.1%) and McAfee ([[MCFE]] +1.7%) are among the names joining Microsoft in the new Ransomware Task Force, which has 19 founding members. The RTF will focus on existing solutions for preventing ransomware attacks, a type of security breach where hackers use encryption to isolate files, a system, or even an entire device until the victim pays a ransom.The RTF will commission expert
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Rapid7, CrowdStrike stocks gain as cybersecurity names continue post-breach recovery