SEC fines four companies $7 million for ‘misleading cyber disclosures’ regarding SolarWinds hack

TechCrunch

SEC fines four companies $7M for ‘misleading cyber disclosures’ regarding SolarWinds hack

Lorenzo Franceschi-Bicchierai •

The SEC concluded that four tech companies misled investors and minimized the damage they suffered from the SolarWinds supply chain hack.

TFW you’re so accustomed to corporations being stupid with confidence, and suddenly the government—who has been asleep at the wheel—wakes up.