U.S. Securities Commission Imposes Fines for Improper Disclosures of Data Security Risk
The U.S. Securities and Exchange Commission (SEC) charged four companies with making materially misleading disclosures regarding cybersecurity risks and intrusions. The companies have settled the SEC’s charges, paying a total of $7 million in civil penalties.
The companies, Unisys Corp., Avaya Holdings Corp., Check Point Software Technologies Ltd, and Mimecast Limited, were victims of breaches resulting from the SolarWinds Cyber-attack ...
