The SEC has decided to dismiss its lawsuit against SolarWinds and its CISO, related to the 2020 supply chain attack attributed to Russian threat actor APT29. This development follows court dismissals of initial allegations, highlighting ongoing legal and cybersecurity debates. #SolarWinds #APT29
Keypoints
- The SEC originally accused SolarWinds and its CISO of misleading investors about cybersecurity practices.
- The 2020 supply chain attack was linked to the Russian group APT29, exposing significant security flaws.
- Court rulings in 2024 dismissed many of the SEC’s claims as speculative and based on hindsight.
- Several companies, including Avaya and Mimecast, faced SEC charges for misleading cyberattack disclosures.
- SolarWinds’ CEO stated the company is now stronger and better prepared after overcoming legal challenges.
Read More: https://thehackernews.com/2025/11/sec-drops-solarwinds-case-after-years.html