SEC Charges 4 Companies Over Misleading SolarWinds Cyberattack Disclosures

The U.S. Securities and Exchange Commission (SEC) has charged four current and former public companies for making “materially misleading disclosures” related to the large-scale cyber attack that stemmed from the hack of SolarWinds in 2020.
The SEC said the companies – Avaya, Check Point, Mimecast, and Unisys – are being penalized for how they handled the disclosure process in the aftermath of…

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Source: The Hacker News