SEC fines tech companies for misleading SolarWinds disclosures

The Securities and Exchange Commission charged four current and former public companies – Unisys Corp., Avaya Holdings Corp., Check Point Software Technologies Ltd, and Mimecast Limited – with making materially misleading disclosures regarding cybersecurity risks and intrusions. The SEC also charged Unisys with disclosure controls and procedures violations. The charges against the four companies result from an investigation involving public companies potentially impacted by the compromise of SolarWinds’ Orion software and by other related activity. … More

The post SEC fines tech companies for misleading SolarWinds disclosures appeared first on Help Net Security.

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