
SEC fines 4 firms $7M for ‘deceptive cyber disclosures’ relating to SolarWinds hack
The Securities and Alternate Fee (SEC) introduced on Tuesday that it charged and imposed penalties on 4 firms for making deceptive disclosures linked to the 2019 SolarWinds information breach. The 4 firms charged are cybersecurity companies Test Level, which pays a civil penalty of $995,000, and Mimecast, which pays $990,000; and the tech firms Unisys,…