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SEC fines 4 companies for downplaying SolarWinds hack
U.S. Fines Tech Companies Over Disclosures Related to SolarWinds Hack
The firms minimized how their systems were affected by the breached software, the Securities and Exchange Commission said.
SEC Accuses Four Firms of Downplaying SolarWinds-Related Hacks
Four hacked companies will pay a total of almost $7 million to settle US Securities and Exchange Commission allegations that they downplayed the significance of the cyberattacks, the latest fallout from the massive SolarWinds Corp.
SEC Fines 4 Firms for Downplaying Impact of SolarWinds Hack
The companies include IT security firm Check Point and email security provider Mimecast, which were ensnared in the SolarWinds breach four years ago.
The SEC just fined four companies for downplaying how much a 2020 Russian hack affected them
The Securities and Exchange Commission fined four cybersecurity companies for downplaying to investors the impact the 2020 Russian hack of SolarWinds had on their own systems. Why it matters: It's rare to see companies come under regulatory fire for cybersecurity disclosures.
SEC fines four companies $7 million for ‘misleading cyber disclosures’ regarding SolarWinds hack
The SEC concluded that four tech companies misled investors and minimized the damage they suffered from the SolarWinds supply chain hack. © 2024 TechCrunch. All rights reserved. For personal use only.
Tech firms to pay millions in SEC penalties for misleading SolarWinds disclosures
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.
Four firms charged, fined over handling of SolarWinds hack disclosures
Analyst says there are lessons for CSOs in the contents of the SEC rulings, though ‘enforcement action is specific to investors.’
3h
Billionaire Warren Buffett Sold 56% of Berkshire's Stake in Apple and Is Piling Into Wall Street's Most Prominent Reverse Stock Split of 2024
The Oracle of Omaha has parted with more than 515 million shares of Apple in favor of Wall Street's most unique stock-split ...
The Daily Hodl
2d
SEC Greenlights Bitcoin Options ETFs for New York Stock Exchange and CBOE
The U.S. Securities and Exchange Commission (SEC) is greenlighting Bitcoin (BTC) options exchange-traded funds (ETFs) for two ...
JD Supra
15h
Securities And Exchange Commission Alleges That Crypto Trading Firm Sold Unregistered Securities
On October 10, 2024, the United States Securities and Exchange Commission (“SEC”) filed a complaint in Illinois federal district court, alleging ...
Hosted on MSN
13h
Coinbase Submits FOIA Requests to Uncover Details of U.S. Regulators’ Crypto Policies
Coinbase, a leading cryptocurrency exchange, has escalated its efforts to obtain transparency from U.S. regulatory bodies ...
13d
Winterset stockbrokers fined after selling risky securities to Bridges Financial customers
According to federal regulators, David Legrange and Laura Barnes sold bonds from a company that disclosed a "substantial ...
blockonomi
2d
SEC Approves Bitcoin ETF Options Trading on NYSE and Cboe
The SEC has approved options trading for spot Bitcoin ETFs on NYSE American and Cboe Exchange, potentially attracting more ...
5d
on MSN
Alabama man arrested in SEC social media account hack that led the price of bitcoin to spike
An Alabama man has been arrested for his alleged role in the January hack of a U.S. Securities and Exchange Commission social ...
11d
Bitnomial Exchange Preemptively Sues SEC Over Alleged Enforcement Conflict With CFTC
"This is about future contracts and who has jurisdiction over the trading of futures contracts," said Matthew F. Kluchenek, a ...
CoinDesk
11d
Bitnomial Exchange Sues U.S. SEC, Alleging Regulatory Overreach
Sign up for State of Crypto, our weekly newsletter examining the intersection of cryptocurrency and government ...
9d
What Is Kraken? How It Works, How It Stands Out, and Issues
Kraken is a popular cryptocurrency exchange that launched in 2013. The exchange is one of the top ten in the world by trading ...
1d
BioVie Inc. Announces Pricing of Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
BioVie Inc. (NASDAQ: BIVI), (“BioVie” or the “Company”), a clinical-stage company developing innovative drug therapies to treat chronic debilitating conditions including liver disease and neurological ...
1d
Former CFTC Chair and SEC Commissioner Chart Election's Impact on Crypto and Capital Markets
"With respect to crypto, [Kamala Harris'] criminal prosecution background colors how she views the sector," said Paul S.
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