Tech firms to pay millions in SEC penalties for misleading SolarWinds disclosures

October 22, 2024 at 12:35PM Four tech companies, including Avaya, Check Point, Mimecast, and Unisys, agreed to pay penalties totaling $7 million to the SEC for misleading disclosures about their involvement in the 2020 SolarWinds hack. The companies were accused of downplaying cybersecurity incidents despite having knowledge of significant breaches affecting their networks. ### Meeting … Read more

Infosec biz boss accused of BS’ing the world about his career, anti-crime product, customers

May 1, 2024 at 03:07PM Former Intrusion CEO Jack Blount has settled with the SEC over allegations of making false and misleading statements about his company’s product and his own background. The settlement, subject to court approval, involves Blount accepting an officer and director bar, without admitting or denying the SEC’s allegations or paying a … Read more