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Compeer Perspective on SolarWinds Attack

Brent Johnson
Educational Opportunities: 
Grain, Dairy, Swine, Beef, Timber, Renewable Energy, Young, Beginning Farmers
Home > Education & Events > January 2021 > Compeer Perspective on SolarWinds Attack

Last month the world learned of a cyberattack made possible by the compromise of the software company SolarWinds. SolarWinds provides software products to more than 30,000 public agencies and private companies use to scan their networks and monitor their IT systems.

SolarWinds says fewer than 18,000 of their clients were impacted by the malware incident. It appears the backdoor access obtained through a supply chain attack lead to the compromise of some Federal agencies and a limited number of other organizations. It is likely we will continue to hear more impacts from this cyberattack over the coming weeks.

You can read more about the attack: Was Compeer data breached?
The short answer is no. While Compeer Financial does use SolarWinds to monitor our IT systems, at this point – after a thorough and diligent investigation – our internal and external security experts have not found any indication our systems, or our network have been compromised. We remain vigilant in monitoring the situation.

Protecting your information is of utmost importance to us. We have confidence in the preventative measures we've taken to mitigate risks associated with this cyberattack. Our teams, as well as top tier security firms, will continue to diligently monitor our systems and networks, and take appropriate actions to mitigate any future risk against cyberattacks.

As always, our team is working meticulously to keep your data safe and our online environments secure. Be assured you can continue to use Compeer Financial’s digital platforms and money movement tools with confidence. Our tools, such as Online Banking, MyCompeer, and Mobile Banking, provide you with personalized services that fit your needs. Learn more about our digital tools at
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