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The SolarWinds Scandal: SEC Brings Charges Against Company and CISO for Fraud and Cybersecurity Breacheswordpress,SolarWinds,scandal,SEC,charges,company,CISO,fraud,cybersecuritybreaches

The SolarWinds Scandal: SEC Brings Charges Against Company and CISO for Fraud and Cybersecurity Breaches

SEC Charges SolarWinds and Its CISO With Fraud and Cybersecurity Failures The Securities and Exchange Commission (SEC) has filed charges against SolarWinds and its Chief Information Security Officer (CISO), Timothy G. Brown, alleging that the company misled investors about its cybersecurity practices and known risks. The charges stem from alleged fraud and internal control failures…

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SEC Investigating Progress Software Over MOVEit Hack: Examining the Regulatory Fallout of Cybersecurity Breacheswordpress,cybersecuritybreaches,regulatoryfallout,SEC,ProgressSoftware,MOVEitHack

SEC Investigating Progress Software Over MOVEit Hack: Examining the Regulatory Fallout of Cybersecurity Breaches

Data Breaches SEC Investigating Progress Software Over MOVEit Hack The US Securities and Exchange Commission (SEC) has initiated an investigation into Progress Software’s MOVEit transfer tool vulnerability, which led to a data breach affecting more than 2,000 organizations and 60 million individuals. The vulnerability, tracked as CVE-2023-34362, was exploited by the Cl0p ransomware group to…

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