SolarWinds, an Austin-based technology company that provides customers with network monitoring software, and Timothy Brown, SolarWinds’ Chief Information Security Officer (CISO), were charged by the Securities and Exchange Commission (SEC) alleging fraud and internal control failures relating to known cybersecurity risks that culminated in a nearly two-year long cyberattack against SolarWinds and some of its customers.
SEC Heightens Focus on Companies Failing to Properly Disclose Cybersecurity Incidents and Risks
© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.