The Securities and Exchange Commission on Thursday dropped its case against SolarWinds and its chief information security officer over its handling of an alleged Russian cyberespionage campaign uncovered in 2020, an incident that penetrated at least nine federal agencies and hundreds of companies. The SEC’s decision brings to a halt one of the more divisive…
Category: Securities and Exchange Commission (SEC)
Crypto, Cybercrime, Emerging Tech, Global Security News, Government, Securities and Exchange Commission (SEC)
SEC rebrands cryptocurrency unit to focus on emerging technologies
The Securities and Exchange Commission announced Thursday that it was changing its Crypto Assets and Cyber Unit to the “Cyber and Emerging Technologies Unit.” The regulator said its new unit will “focus on combatting cyber-related misconduct and to protect retail investors from bad actors in the emerging technologies space.” The newly rebranded unit will be…
Cybersecurity, Financial, Global Security News, Government, incident reporting, Paul Hastings LLP, Ransomware, Securities and Exchange Commission (SEC)
Study finds ‘significant uptick’ in cybersecurity disclosures to SEC
The introduction of new cybersecurity disclosure rules by the U.S. Securities and Exchange Commission has led to a significant uptick in the number of reported cybersecurity incidents from public companies, according to a leading U.S. law firm that specializes in finance and M&A activity. Analysis by Paul Hastings LLP found that since the disclosure law…