SEC fines 4 companies for downplaying SolarWinds hack
U.S. Fines Tech Companies Over Disclosures Related to SolarWinds Hack
The firms minimized how their systems were affected by the breached software, the Securities and Exchange Commission said.
The SEC just fined four companies for downplaying how much a 2020 Russian hack affected them
The Securities and Exchange Commission fined four cybersecurity companies for downplaying to investors the impact the 2020 Russian hack of SolarWinds had on their own systems. Why it matters: It's rare to see companies come under regulatory fire for cybersecurity disclosures.
SEC fines four companies $7 million for ‘misleading cyber disclosures’ regarding SolarWinds hack
The SEC concluded that four tech companies misled investors and minimized the damage they suffered from the SolarWinds supply chain hack.
Check Point among companies fined by SEC over 'misleading cyber disclosures'
Check Point Software (NASDAQ:CHKP) is among a group of four companies that have been fined by the Securities and Exchange Commission for "misleading cyber disclosures" related to the SolarWinds (NYSE:SWI) hack.
SEC charges tech companies for downplaying SolarWinds breaches
Unisys Corp, Avaya Holdings, Check Point Software, and Mimecast—for allegedly misleading investors about the impact of their breaches during the massive 2020 SolarWinds Orion hack.
SEC fines four companies for downplaying SolarWinds hack
The Securities and Exchange Commission fined four cybersecurity companies for downplaying to investors the impact the 2020 Russian hack of SolarWinds had on their own systems. Why
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