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State AGs get $6 million from Cisco in multistate settlement

( August 1, 2019, 15:16 GMT | Official Statement) -- MLex Summary: New York Attorney General Letitia James announced she has led a coalition of 19 attorneys general in settling a multistate lawsuit against Cisco Systems concerning security surveillance system software. The $6 million fine will be distributed among the plaintiff states, with a share for a whistleblower. The states asserted that Cisco’s software had major flaws rendering the system vulnerable to hackers, and despite learning of the exposure, Cisco failed to report or remedy this security flaw for several years.Statement follows below:...

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