Miriam Wugmeister and Haimavathi Marlier published an article in Insights discussing the Securities and Exchanges Commission (SEC) charging SolarWinds Corporation (SolarWinds) and its Chief Information Security Officer (CISO) with securities fraud and how this lawsuit represents a shift in the SEC’s cybersecurity enforcement.
The authors wrote, “The SEC’s previous—and rare—cybersecurity enforcement actions largely centered on negligence-based disclosure violations, as well as disclosure and internal controls violations, in the wake of cyber incidents that involved the exfiltration of individual sensitive personal information.”
Read the full article.