SEC Fines Companies Millions for Downplaying SolarWinds Breach
October 25, 2024 at 05:09PM The SEC has charged four companies for inadequate disclosures related to the 2020 SolarWinds breach. Unisys faced the largest penalty of $4 million. The SEC aims to deter vague breach disclosures and stresses the importance of precise communication to avoid future legal ramifications, urging closer collaboration between CISOs and legal … Read more