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.
Similar Stories to Sec Just Hit Four Companies With Big Fines For Downplaying The Solarwinds Hack on Bing News
Jessica Bursztynsky, Fast Company
Wed, 10/23/2024 - 2:00pm
BING NEWS:
- SEC fines cybersecurity giants for downplaying effects of SolarWinds attack
Despite knowing threat actors had accessed systems and exfiltrated data, several companies released statements downplaying the impact of the attack.
10/23/2024 - 2:03 am | View Link - 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.
10/22/2024 - 10:16 am | View Link - SEC charges tech companies for downplaying SolarWinds breaches
Unisys Corp, Avaya Holdings, Check Point Software, and Mimecast—for allegedly misleading investors about the impact of their breaches during the massive 2020 SolarWinds Orion hack.
10/22/2024 - 7:30 am | View Link - 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." ...
10/22/2024 - 6:32 am | View Link - SEC Fines 4 Firms for Downplaying Impact of SolarWinds Hack
The companies include IT security firm Check Point and email security provider Mimecast, which were ensnared in the SolarWinds breach four years ago.
10/22/2024 - 6:31 am | View Link - More
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