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Austin-based tech company faces federal charges for allegedly misleading investors (www.kvue.com)

submitted 1 year ago by netburnr to c/austin

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An Austin-based software company is facing federal charges from the U.S. Securities and Exchange Commission (SEC). The SEC claims that SolarWinds and its Chief Information Security Officer Timothy G. Brown misled its investors about its vulnerabilities. The charges stem from the "SUNBURST" cyberattack, that lasted nearly two years.

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[–] [email protected] 6 points 1 year ago

Yeah that breach was a huge embarrassment, even more so that it happened to a company that provides infosec products.

[–] kalpol 4 points 1 year ago

The SEC filing makes great reading.