SEC Charges SolarWinds and Its CISO With Fraud and Cybersecurity Failures
In a surprising development on Monday that is spooking the cybersecurity community, the Securities and Exchange Commission (SEC) has filed charges against SolarWinds and its Chief Information Security Officer (CISO), Timothy G. Brown, alleging that the software company misled investors about its cybersecurity practices and known risks. The charges stem from alleged fraud and internal control failures related to known cybersecurity weaknesses that took place between the company’s October 2018 initial public offering (IPO) and…
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