White House Holds Russia's SVR Responsible For SolarWinds Cyber Hack: Reuters - SolarWinds (NYSE:SWI)

The White House has blamed the Russian foreign intelligence service, SVR, for the SolarWinds Corp SWI hack that compromised nine federal agencies and hundreds of private sector companies, Reuters reports.
The U.S. had previously held the Russian government responsible for the colossal hack. Five Russian cybersecurity firms reportedly aided the Russian cyber operations.
The Treasury Department deemed it as a national security concern considering the scope and scale of the compromise.
The National Security Agency, FBI, and Cybersecurity Infrastructure Security Agency also disclosed SVR’s exploitation of five known computer software weaknesses.
White House said the compromise of the SolarWinds software allowed intrusions of 16,000 computer systems worldwide.
Price action: SWI shares closed higher by 1.17% at $18.2 on Thursday.