Four firms charged, fined over handling of SolarWinds hack …
2 days ago · Credit: FrentaN / Shutterstock. The US Securities and Exchange Commission (SEC) on Tuesday charged four companies over their handling of the 2020 SolarWinds Orion software supply chain attack ...
Statement Regarding Administrative Proceedings against SolarWinds …
3 days ago · Oct. 22, 2024. According to the Government Accountability Office, the 2019-2020 cyberattacks against SolarWinds Corporation (“SolarWinds”) and its Orion software were “one of the most widespread and sophisticated hacking campaigns ever conducted against the federal government and the private sector.”. [1] It was an attack against ...
SEC Charges SolarWinds and Chief Information Security Officer …
The Securities and Exchange Commission today announced charges against Austin, Texas-based software company SolarWinds Corporation and its chief information security officer, Timothy G. Brown, for fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities. The complaint alleges that, from at least ...
SEC fines security companies for misdirection over SolarWinds Orion …
2 days ago · The charges resulted from an investigation that revealed the impacts of the SolarWinds’ Orion software compromise and related activities. “While public companies may become targets of cyberattacks, it is incumbent upon them to not further victimize their shareholders or other members of the investing public by providing misleading disclosures about the cybersecurity incidents they have ...
SEC Charges 4 Companies Over Misleading SolarWinds ... - The Hacker News
1 hour ago · 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, and Unisys – are being penalized for how ...
SEC fines cybersecurity giants for downplaying effects of SolarWinds …
1 day ago · Here’s how it works. Four top security companies have been charged for downplaying the impact the SolarWinds Orion compromise had on their systems, an action which violated certain provisions of ...
SEC charges tech companies for downplaying SolarWinds breaches
2 days ago · Lawrence Abrams. October 22, 2024. 02:31 PM. 0. The SEC has charged four companies—Unisys Corp, Avaya Holdings, Check Point Software, and Mimecast—for allegedly misleading investors about the ...
SolarWinds hack explained: Everything you need to know
Nov 3, 2023 · The SolarWinds supply chain attack is a global hack, as threat actors turned the Orion software into a weapon gaining access to several government systems and thousands of private systems around the world.
SolarWinds: The Untold Story of the Boldest Supply-Chain Hack - WIRED
May 2, 2023 · It lurked there until March, when SolarWinds developers began building an Orion software update through TeamCity, which created a fleet of virtual machines.
Client Alert: Key Takeaways from Recent SEC Cybersecurity …
2 days ago · Background. In 2023, the SEC brought fraud charges against SolarWinds and its CISO in connection with the Orion compromise, and we have covered the developments in this litigation here and here.In relevant part, the SEC alleged that SolarWinds, which provides various information technology management services to customers, overstated the steps it took to prevent cybersecurity incidents and ...
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