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In the 68-page complaint filed in New York federal court, the SEC says SolarWinds and its then vice president of security, Tim Brown, defrauded investors and customers "through misstatements, omissions and schemes" that concealed both the company s "poor cybersecurity practices and its heightened - and increasing - cybersecurity risks." ....
U.S. regulators have sued SolarWinds and its top security executive for fraud for allegedly concealing poor cybersecurity practices ahead of the Texas-based technology company s stunning hack by Russian spies ....
U.S. regulators on Monday sued SolarWinds, a Texas-based technology company whose software was breached in a massive 2020 Russian cyberespionage campaign, for fraud for failing to disclose security deficiencies ahead of the stunning hack. The company’s top security executive was also named in the complaint filed by the Securities and Exchange Commission seeking unspecified civil penalties, reimbursement of “ill-gotten gains” and the executive's removal. Detected in December 2020, the SolarWinds hack penetrated U.S. government agencies including the Justice and Homeland Security departments, and more than 100 private companies and think tanks. ....
US regulators sue SolarWinds and its security chief for alleged cyber neglect ahead of Russian hack - The Daily Reporter greenfieldreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greenfieldreporter.com Daily Mail and Mail on Sunday newspapers.
The U.S. Securities and Exchange Commission on Monday sued software company SolarWinds Corp. and its top information security executive, saying they ....