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SEC fines 4 companies for downplaying SolarWinds hack
SEC fines four companies $7 million 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.
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 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.
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.
SEC fines four companies for downplaying SolarWinds hack
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
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 ...
9h
New grant helping companies with climate reporting to launch in November
Listed companies must submit climate-related disclosures from FY2025, and large non-listed companies by FY2027. Read more at ...
10h
'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 ...
7d
Two of America’s most prominent Black business leaders have a warning for companies abandoning DEI
Ken Frazier and Ken Chenault said companies retreating from DEI will limit equal opportunities for disadvantaged Americans.
2d
Details Better Than The Headline This Earnings Season
The second busiest week of earnings season kicks off and includes Tesla. Forward guidance remains critical, with challenging ...
4d
on MSN
Meta layoffs are the latest sign that constant job cuts are the new Big Tech normal
Recent layoffs at Meta point to a tech industry playbook of making recurring cutbacks. These regular reductions risk damaging ...
3d
Understanding ECHEMI: The Top Chemical Companies and Their Sectoral Impact
The chemical industry serves many industries related to manufacturing, pharmaceuticals, and agriculture. One of the ...
56m
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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