#SEClawsuit

SolarWinds slams SEC lawsuit against it as ‘unprecedented’ victim blaming

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January 29, 2024 at 03:55PM SolarWinds, victim of Russian cyber-attack, accuses SEC of unfair treatment. The company argues the watchdog’s charges are baseless and seek to impose unreasonable cybersecurity disclosure requirements. SolarWinds maintains it made proper and accurate disclosures before and after the attack. The SEC alleges that SolarWinds misled investors about its security practices, … Read more

Navigating the New Age of Cybersecurity Enforcement

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January 4, 2024 at 10:06AM The SEC filed a lawsuit against SolarWinds and its CISO, significantly impacting the liability of CISOs. A panel discussion highlights key strategies for CISOs, including building alliances with general counsel, establishing FBI connections, adhering to standards, coordinating legal counsel, considering D&O insurance, and embracing the three pillars of alignment, clarification, … Read more