Tag: supply chain attacks
SEC charges SolarWinds, CISO with fraud and internal control failures
October 31, 2023SSN Staff
WASHINGTON, D.C. – The Securities and Exchange Commission (SEC) announced charges against software company SolarWinds and its chief information security officer (CISO), Timothy G. Brown, for fraud and internal control failures relating to allegedly known cybersecurity risks and vulnerabilities.
A release from the SEC makes note of the complaint which alleges that, from at least its October 2018 initial public offering through at least its December 2020 announcement that it was the target...
Central banks security an uncomfortable unknown as cyberattacks increase
September 14, 2022Ken Showers, Managing Editor
YARMOUTH, Maine – As data breach becomes a daily occurrence across every connected industry, experts look nervously to central bank financial institutions for potential damage to international finance.
On September 14 the Bank for International Settlements (BIS) produced a working paper titled “Cyber risk in central banking” that examines the readiness and stance of those institutions as cyber crime grows. “While there have been several studies and surveys on cyber threats...