SEC Charges 4 Companies Over Misleading SolarWinds Cyber Attack Disclosures

The U.S. Securities and Exchange Commission SEC has charged four current and former public companies for making "materially misleading disclosures" related to the large-scale cyber attack that stemmed from the hack of SolarWinds in 2020. The SEC said the companies – Avaya, Check Point, Mimecast,...

SolarWinds and its CISO accused of misleading investors before major cyberattack

The Securities and Exchange Commission SEC has announced charges against software company SolarWinds Corporation and its chief information security officer CISO, Timothy G. Brown, for “fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities.” In 202...