SEC Probing SolarWinds Clients Over Cyber Breach Disclosures: Sources

BEC attacks

The U.S. Securities and Exchange Commission (SEC) has opened a probe into last year’s SolarWinds cyber breach, focusing on whether some companies failed to disclose that they had been affected by the unprecedented hack, two persons familiar with the investigation said on Monday. The SEC sent investigative letters late last week to a number of… Continue reading SEC Probing SolarWinds Clients Over Cyber Breach Disclosures: Sources

Breached Firm SolarWinds Faces SEC Inquiry after Stock Sales

BEC attacks

SolarWinds, the Texas-based company whose software was breached in a major Russian cyberattack, said in a recent filing that it is cooperating with an inquiry by the Securities and Exchange Commission. In its annual report to investors, SolarWinds said there are “numerous” government investigations underway related to the cyber intrusion, including by the SEC, the… Continue reading Breached Firm SolarWinds Faces SEC Inquiry after Stock Sales