SEC Fines Four Companies $7M for Violating Cyber Disclosure Rules
On October 22, 2024, the Securities and Exchange Commission charged four companies with making materially misleading disclosures about
SEC Charges 4 Companies Over Misleading SolarWinds Cyberattack Disclosures
SEC charges four companies for misleading disclosures regarding the SolarWinds cyberattack, imposing fines totaling $6 million.
SEC fines four companies $7M for ‘misleading cyber disclosures’ regarding SolarWinds hack
The SEC concluded that four tech companies misled investors and minimized the damage they suffered from the SolarWinds supply chain hack.
SEC Fines 4 Companies $7M for Downplaying Breaches Tied to Massive SolarWinds Hack
The agency said Unisys, Avaya Holdings, Check Point Software Technologies and Mimecast provided misleading disclosures about the incidents, leaving investors in the dark about their "true scope."
The SEC just fined four companies for downplaying how much a 2020 Russian hack affected them
The Securities and Exchange Commission fined four cybersecurity companies for downplaying to investors the impact the 2020 Russian hack of SolarWinds had on their own systems. Why it matters: It's rare to see companies come under regulatory fire for cybersecurity disclosures.
SEC Fines 4 Firms for Downplaying Impact of SolarWinds Hack
The companies include IT security firm Check Point and email security provider Mimecast, which were ensnared in the SolarWinds breach four years ago.
Unisys, three other firms fined a combined $7M for underplaying damage from SolarWinds hack
Four current or former public companies will pay a total of nearly $7 million in fines to settle charges by the Securities and Exchange Commission that they underplayed or failed to disclose material information about how the SolarWinds Orion hack affected them.
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UIS Stock Ahead of Q3 Earnings Report: To Buy or Not to Buy?
Unisys Corporation UIS is set to release its third-quarter 2024 results on Oct. 29. For the third quarter of 2024, Unisys ...
Unisys settles SEC investigation into cybersecurity incidents for $4M
Unisys (UIS) said it has reached a non-scienter-based administrative proceeding settlement, on a neither admit nor deny basis ...
Unisys: Don't Lose Sight Of The Long Term
Unisys offers potential for a 50% price return, but weak profitability and vulnerability to tech recession suggest a Hold ...
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Unisys, Check Point, Mimecast, Avaya Fined By SEC Over SolarWinds-Related Breaches
The SEC announced penalties against Check Point, Mimecast, Unisys and Avaya over what the agency said were ‘materially ...
Is Unisys Stock a Buy, Sell or Hold at 0.19X Price/Sales Ratio?
UIS is an attractive stock for growth-oriented investors, given its portfolio strength and strong partner base.
Solarwinds downplayed: penalties for Check Point, Unisys, Avaya, Mimecast
The espionage operation at Solarwinds damaged many companies. Not everyone took the disclosure to the owners seriously. The ...
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Unisys Named a Global Leader in 2024 ISG Provider Lens™? Future of Work Services Report
Unisys awarded with 30 leader designations across six regions, excelling in providing tools for collaboration, productivity, strategy and sustainability ...
Unisys to Participate in EDUCAUSE Annual Conference 2024
Unisys (NYSE: UIS) is excited to announce its participation in the EDUCAUSE Annual Conference 2024, taking place in San Antonio, TX, from Oct. 21 – 24. This leading event brings together executives in ...