SEC Fines 4 Companies $7M for Downplaying Breaches Tied to Massive SolarWinds Hack
The agency said Unisys, Avaya Holdings, Check Point Software Technologies and Mimecast provided misleading disclosures about the incidents, leaving investors in the dark about their "true scope."
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.
SEC Fines Four Companies $7M for Violating Cyber Disclosure Rules
On October 22, 2024, the Securities and Exchange Commission charged four companies with making materially misleading disclosures about
SEC just hit four companies with big fines for downplaying the SolarWinds hack
Unisys, Avaya, Check Point, and Mimecast will each pay civil penalties to settle the agency’s charges that they downplayed the impacts of the hack through their respective public disclosures. The Securities and Exchange Commission fined four companies on Tuesday with misleading investors about the impact the 2020 hack of SolarWinds had on their own systems.
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 Charges 4 Companies Over Misleading SolarWinds Cyber Attack Disclosures
SEC charges four companies for misleading disclosures regarding the SolarWinds cyberattack, imposing fines totaling $6 million.
Four companies face SEC fines for not disclosing they were affected by the SolarWinds hack
In today's Federal Newscast, the Securities and Exchange Commission fines four companies for misleading disclosures about a major cybersecurity hack.
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SEC hits Avaya with $1M penalty for ‘misleading cyber disclosures’
The company was one of four to settle with the Securities and Exchange Commission for charges related to effects of the ...
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Unisys, Check Point, Mimecast, Avaya Fined By SEC Over SolarWinds-Related Breaches
The SEC announced penalties against Check Point, Mimecast, Unisys and Avaya over what the agency said were ‘materially ...
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How Avaya helped Leon County rapidly deploy a contact center during a state of emergency
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Dubai Police taps Avaya for its AI-based virtual assistant
Artificial intelligence was a big topic this year at GITEX Global 2024. As the world’s largest tech event got underway in ...
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Avaya helps Transcom eliminate language barriers in customer service with an AI-powered real-time translation solution
Solution integrates real-time translation and conversational AI tools with an Avaya Experience platform contact center core ...
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Unlocking the full potential of Avaya
Many companies using Avaya may not realise they can integrate end-to-end compliant call recording and advanced analytics into ...