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Bank Info Security 7 months, 3 weeks ago

SEC Ends SolarWinds Suit After Major Legal Setbacks

High-Profile Case Ends After Judge Guts SEC’s Cyber Fraud AllegationsThe SEC has dropped its remaining claims against SolarWinds and CISO Tim Brown, ending a controversial cyber fraud lawsuit that aimed to expand securities law to cover operational security failures tied to the 2020 Russian hacking campaign.

Bank Info Security 1 year, 8 months ago

Check Point, Mimecast Settle SEC Case From SolarWinds Hack

SEC: Check Point, Mimecast Disclosures Didn't Capture Severity of SolarWinds HackCheck Point and Mimecast will each pay regulators nearly $1 million to settle charges of making materially misleading disclosures related to the SolarWinds Orion hack. The SEC alleged public disclosures from Check Point and Mimecast didn't capture the severity of the compromise.

Unisys, Avaya, Check Point, and Mimecast settled with the agency without admitting or denying wrongdoing Four high-profile tech companies reached an agreement with the Securities and Exchange Commission to pay millions of dollars in penalties for misleading investors about their exposure to the 2020 SolarWinds hack.…

The WINELOADER backdoor used in recent cyber attacks targeting diplomatic entities with wine-tasting phishing lures has been attributed as the handiwork of a hacking group with links to Russia's Foreign Intelligence Service (SVR), which was responsible for breaching SolarWinds and Microsoft

Industry hasn't 'improved much at all' SCSW Back in 2020, Eric Scales led the incident response team investigating a nation-state hack that compromised his company's servers along with those at federal agencies and tech giants including Microsoft and Intel.…