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SEC sues SolarWinds, CISO for fraud and security failures

SolarWinds Corporation, the IT firm at the centre of one of the most significant cyber espionage incidents in history, is now facing legal action from the US Securities and Exchange Commission (SEC). ....

Solarwind Orion , Timothy Brown , Alec Koch , Chief Information Security Officer ,

SolarWinds Is A Game Changer - You Cannot Sugarcoat Cybersecurity

The SEC prosecution of SolarWinds and its CISO is a game changer for how cybersecurity will be handled and reported on by listed businesses. ....

Chief Information Security Officer , Information Security ,

US regulators sue SolarWinds and its security chief for alleged cyber neglect ahead of Russian hack, ET Telecom

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." ....

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US regulators sue SolarWinds and its security chief for alleged cyber neglect ahead of Russian hack

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. ....

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iTWire - SEC sues SolarWinds, CISO over alleged fraud, internal control failures

The US Securities and Exchange Commission has sued software vendor SolarWinds and its chief information security officer, Timothy Brown, over fraud an. ....

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