SEC Announces Penalties Against Four Companies for Downplaying Severity of SolarWinds Cybersecurity Breach in Disclosures
On Oct. 22, 2024, the Securities and Exchange Commission announced that it charged four technology companies with making materially
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.
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.
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 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 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.
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.
Mimecast fuels leading Human Risk Management strategy in first half of fiscal year
The Mimecast platform secures 27 million end users around the globe across their 42,000+ customers. Customers span more than 100 countries, and on average, each organization uses 4.9 Mimecast services ...
Mimecast to pay almost $1M to settle cyber disclosure charges
The SEC believes that Mimecast did not provide investors with the full picture of the impact of the SolarWinds’ Orion hack on ...
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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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Check Point, Mimecast Settle SEC Case From SolarWinds Hack
Check Point and Mimecast will each pay regulators nearly $1 million to settle charges of making materially misleading ...
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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 ...
Solarwinds downplayed: penalties for Check Point, Unisys, Avaya, Mimecast
The espionage operation at Solarwinds damaged many companies. Not everyone took the disclosure to the owners seriously. The ...