October 22, 2024 at 02:39PM The SEC charged Unisys Corp, Avaya Holdings, Check Point Software, and Mimecast for misleading investors about cybersecurity breaches from the 2020 SolarWinds hack. The companies agreed to pay civil penalties totaling approximately $6 million, with fines based on downplayed disclosures regarding their incidents and data access during the breach. ### … Read more
August 9, 2024 at 08:33AM The CrowdStrike update resulted in lawsuits from investors and customers, prompting discussions about software liability. The update caused widespread disruption, including $5.4 billion in damages to the Fortune 500. An investigation is underway, and legal battles between affected parties and CrowdStrike are ongoing, signaling a potential shift towards increased software … Read more
June 20, 2024 at 08:39AM Security plays a crucial role in advancing ESG goals by integrating environmental initiatives, social responsibility, and governance into their strategies. After reviewing the meeting notes, I have determined that the main takeaway is that security plays a crucial role in advancing ESG (environmental, social, and governance) goals through the integration … Read more
June 11, 2024 at 10:11AM Government agencies are increasingly seeking to hold corporate CEOs personally liable for inadequate cybersecurity investment. The focus has shifted from security leaders to the CEOs, as executives are now being held accountable for cyber harm and the allocation of resources. This trend towards regulation by enforcement is driven by the … Read more