Tech firms to pay millions in SEC penalties for misleading SolarWinds disclosures
ID: 12042408-5546-57c7-b285-aedc5e7e5b0b
STIX ID: report--12042408-5546-57c7-b285-aedc5e7e5b0b
Feed Name: The Register (Security)
Threat Score
The SEC imposed fines on Avaya, Check Point, Mimecast and Unisys for allegedly making materially misleading public disclosures about their exposure to the 2020 SolarWinds supply-chain compromise. The report states a Russian-linked actor slipped a backdoor into SolarWinds Orion, leading to intrusions and exfiltration (including gigabytes of data and accessed cloud files); it outlines each company's alleged disclosure failures, settlement amounts, and brief company responses.
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