The US SEC has filed fraud charges against SolarWinds and its former CISO, alleging inconsistencies between their public and internal cybersecurity practices. This follows new SEC cyber risk disclosure rules. Businesses must now develop robust incident response, disaster recovery, ransomware preparedness and data protection plans, and regularly audit these with their insurers. Clear communication, trust, and accountability are crucial for success. Companies also need to align Directors & Officers and cyber insurance, to ensure personal asset protection in case of lawsuits.
Software firm Blue Yonder providing services to US and UK stores, including Starbucks, hit by ransomware attack
Blue Yonder, a supply chain software provider, experienced a ransomware attack which disrupted its services, affecting clients such as Starbucks and UK grocery chain Sainsbury.
