The Securities and Exchange Commission (SEC) has accused software provider SolarWinds and its Chief Information Security Officer, Timothy Brown, of defrauding investors by overstating cybersecurity measures ahead of a key data breach. Although the CFO, J. Barton Kalsu, was warned during the investigation, he hasn’t been named in the lawsuit. Legal experts suggested he’s unlikely to face formal SEC charges, but it doesn’t completely exclude potential future action.
Rampant ransomware attacks have hit the healthcare industry, with incidents increasing by more than 600%, costing an average of $10 million per breach. This has