On October 22, 2024, the Securities and Exchange Commission (SEC) announced it had charged four current and former public companies -- Unisys Corp., Avaya Holdings Corp., Check Point Software Technologies Ltd., and Mimecast Limited -- with making materially misleading disclosures about cybersecurity risks and intrusions. The civil penalties ranged from $990,000 to $4 million, with Unisys fined the most. Sanjay Wadhwa, acting director of the SEC’s Division of Enforcement, said in a press release ...
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