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US SEC drops suit against SolarWinds over lax cyber standards

By Neil Roland ( November 21, 2025, 00:09 GMT | Insight) -- The US Securities and Exchange Commission said it was dropping a lawsuit accusing SolarWinds Corp. and its chief information security officer of failing to warn investors about lax cybersecurity standards before the software developer suffered a huge data breach in 2020. The 2023 case, which marked the first time the regulator took a public company to court over its handling of a cyberattack, alleged that the Austin, Texas-based company hid vulnerabilities in connection with the high-profile Sunburst cyber attack.The US Securities and Exchange Commission said it was dropping a lawsuit accusing SolarWinds Corp. and its chief information security officer of failing to warn investors about lax cybersecurity standards before the software developer suffered a huge data breach in 2020....

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