SEC Charges 4 Companies Over Misleading SolarWinds Cyberattack Disclosures
October 25, 2024 at 06:34AM The SEC has charged four companies—Avaya, Check Point, Mimecast, and Unisys—for misleading disclosures about the 2020 SolarWinds cyberattack, violating federal securities laws. Fines include $4 million for Unisys and $1 million for Avaya. The companies downplayed the breach’s extent, leaving investors uninformed about risks. ### Meeting Takeaways – October 25, … Read more