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Search resuls for: "Kevin Thompson"


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"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
States have taken the lead on climate in recent years in the absence of federal policy. But voters in some states are now worried about rising energy costs, while other states must reckon with poor air quality and higher emissions. If it flipped, it could increase renewable energy power generation, said Troy Rule, faculty director at Arizona State University's Program on Law and Sustainability. "That could open the door for an increase in the state’s Renewable Energy Standard, which at 15% renewables by 2025, now lags far behind most neighboring states," Rule said. If Republicans win, it would "effectively eliminate the prospect of any meaningful progress on Arizona renewable energy policy over the next couple of years," Rule said.
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