The Securities and Exchange Commission (SEC) has imposed penalties on a company for failing to disclose a hack, in the latest fallout from the SolarWinds breach. The incident highlights the importance of timely disclosure in the face of cyber threats. As the investigation continues, it is crucial that companies prioritize transparency and take steps to prevent such incidents.

Source: https://www.bloomberg.com/news/newsletters/2024-10-25/sec-penalties-over-hack-disclosure-is-latest-solarwinds-fallout