#DisclosureRegulations

SolarWinds Charges Tossed Out of Court in Legal Victory Against SEC

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July 18, 2024 at 06:05PM A judge dismissed part of the SEC’s case against SolarWinds and its CISO Tim Brown, post-breach, but allowed claims related to misrepresenting cybersecurity posture pre-breach to proceed. The ruling is seen as guidance for public companies in disclosing cyber incidents. SolarWinds is pleased but will defend claims in the upcoming … Read more

Hackers Weaponize SEC Disclosure Rules Against Corporate Targets

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November 17, 2023 at 05:44PM Ransomware group ALPHV, also known as “BlackCat,” has filed a complaint with the US Securities and Exchange Commission (SEC), accusing a recent victim of non-compliance with new disclosure regulations. ALPHV attacked digital lending service provider MeridianLink, stole and leaked data, and then reported the breach to the SEC, claiming the … Read more