CFO Dive | SolarWinds CFO Avoids Charges in SEC Action

Cara Peterman is quoted on the Securities and Exchange Commission’s dismissal of the SolarWinds lawsuit and the implications for cybersecurity disclosures and chief information security officer accountability.

Keep up with what’s happening in privacy, data security, and all things cyber – from rulemaking for the Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) to the EU’s new AI Act – from our Privacy, Cyber & Data Strategy Group.

The Securities and Exchange Commission’s cybersecurity-related case against SolarWinds and its CISO was largely dismissed, but a securities fraud claim against the CISO lives on. Our Securities Litigation, Privacy, Cyber & Data Strategy, and Securities teams break down the court’s reasoning.

Our Securities Litigation, Securities, and Privacy, Cyber & Data Strategy teams outline vital takeaways for public companies and their directors and officers in light of the Securities and Exchange Commission’s recent civil complaint against SolarWinds and its Chief Information Security Officer.