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SEC fines 4 companies for downplaying SolarWinds hack
SEC fines four companies $7M 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.
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.
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 Accuses Four Firms of Downplaying SolarWinds-Related Hacks
Four hacked companies will pay a total of almost $7 million to settle US Securities and Exchange Commission allegations that they downplayed the significance of the cyberattacks, the latest fallout from the massive SolarWinds Corp.
SEC Fines 4 Firms for Downplaying Impact of SolarWinds Hack
The companies include IT security firm Check Point and email security provider Mimecast, which were ensnared in the SolarWinds breach four years ago.
Tech firms to pay millions in SEC penalties for misleading SolarWinds disclosures
Unisys, Avaya, Check Point, and Mimecast settled with the agency without admitting or denying wrongdoing Four high-profile tech companies reached an agreement with the Securities and Exchange Commission to pay millions of dollars in penalties for misleading investors about their exposure to the 2020 SolarWinds hack.
21h
on MSN
The Vessel Reopens in N.Y.C. with New Safety Measures Following Multiple Suicides
The Vessel has officially reopened in New York City's Hudson Yards after four suicides forced it’s closure in 2021.
1d
on MSN
How Republicans pushed social media companies to stop fighting election misinformation
The public got a taste of the new normal this summer, when social media was flooded with misinformation following the ...
2d
on MSN
With the economy cooling, companies are hiring less and asking employees to do more
Companies, in turn, are hiring more selectively and some are laying off workers. U.S. hiring in August reached the lowest ...
17h
'The million-dollar question of this election': Women's health startups are confronting a shifting legal landscape
Startups offering medication abortions, contraception, and period-tracking apps are preparing for the risks of another Trump ...
4d
on MSN
Big tobacco companies reach tentative multibillion-dollar settlement with Canada
TORONTO -- Three large tobacco companies would pay nearly $24 billion to settle a long-running legal battle in Canada, ...
4d
‘The Great Stay’ is preventing young workers from getting a foot in the door
Over the past two years, Kirsten Staple has submitted more than 500 job applications. At first she applied to jobs related to ...
8h
AI Is Changing The Future Of Human Intimacy. Here's What To Know
AI, xAI, deepfakes, and Taylor Swift's viral incident are revolutionizing intimacy and reshaping human relationships.
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