U.S. Securities and Exchange Commission

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

The Securities and Exchange Commission (SEC) announced on Tuesday that it charged and imposed penalties on four companies for making misleading disclosures linked to the 2019 SolarWinds data breach.  The four companies charged are cybersecurity firms Check Point, which will pay a civil penalty of $995,000; Mimecast, which will pay $990,000; and the tech companies […]

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Feds arrest man who allegedly participated in hack of the SEC’s X account, boosting Bitcoin’s price

Federal authorities announced Thursday the arrest of a man in Alabama, accusing him of participating in the hack of the U.S. Securities and Exchange Commission X account earlier this year. Eric Council Jr. was indicted in connection with the SEC X account hack, which happened on January 9, when the account published a post falsely

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