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Top related persons:
SolarWinds - 2 Tim Brown - 2 Brown - 2 Alec Koch - 2 Gurbir Grewal - 1 weren't - 1 Solarwinds - 1 Kevin Thompson - 1
Top related locs:
New York Russian SolarWinds U.S Clorox Texas cyberattacks Austin , Texas
Top related orgs:
Securities and Exchange Commission - 2 SEC - 2 SolarWinds Corp - 1 New York Stock Exchange - 1 software - 1 Orion - 1 unf - 1 Regulators - 1

Search resuls for: "Alec Koch"


2 mentions found


☆ SEC alleges SolarWinds and key executive misled investors about cybersecurity prior to 'massive' cyberattack
  + stars: | 2023-10-31 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +6 min
"We allege that, for years, SolarWinds and Brown ignored repeated red flags about SolarWinds' cyber risks, which were well known throughout the company," SEC enforcement director Gurbir Grewal said in a press release. SolarWinds went public in 2018, and made only "generic" disclosures about cybersecurity risk in both its prospectus and in continued filings, the complaint said. However, the SEC alleged that SolarWinds and Brown knew that the company's cybersecurity practices were weak, pointing to an internal presentation from Brown that was made the same month SolarWinds went public. It appears to be one of the first times the SEC has alleged a company misled and defrauded investors over cybersecurity risks. In reality, Brown knew that the company was not following those best practices, the SEC alleged.
Persons: SolarWinds, Tim Brown, Brown, Gurbir Grewal, weren't, Solarwinds, Kevin Thompson, Sudhakar Ramakrishna, Mr, Alec Koch Organizations: SolarWinds Corp, New York Stock Exchange, Securities and Exchange Commission, SEC, software, Orion, unf, Regulators, MGM Resorts, CNBC Locations: New York, U.S, Russian, Clorox, SolarWinds
☆ US Regulators Sue SolarWinds and Its Security Chief for Alleged Cyber Neglect Ahead of Russian Hack
  + stars: | 2023-10-30 | by ( Associated Press | Oct. | At P.M. | ) www.usnews.com   time to read: +4 min
U.S. regulators on Monday sued SolarWinds, a Texas-based technology company whose software was breached in a massive 2020 Russian cyberespionage campaign, for fraud for failing to disclose security deficiencies ahead of the stunning hack. Detected in December 2020, the SolarWinds hack penetrated U.S. government agencies including the Justice and Homeland Security departments, and more than 100 private companies and think tanks. Koch added that “we look forward to defending his reputation and correcting the inaccuracies in the SEC’s complaint." Brown's current title at SolarWinds is chief information security officer. Capitalizing on the supply-chain hack, the Russian cyber operators then stealthily penetrated select targets including about a dozen U.S. government agencies and prominent software and telecommunications providers.
Persons: SolarWinds, Tim Brown, Brown, Alec Koch, Koch, Gurbir S, Grewal, “, ”, Biden, Chad Wolf Organizations: Securities and Exchange Commission, Justice and Homeland Security, SEC, Fortune, New, Homeland Locations: Texas, Russian, New York, SolarWinds, cyberattacks, Austin , Texas, North America, Europe, Asia
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