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SEC accuses SolarWinds CISO of deceiving investors before Russian cyberattack

The SEC has charged SolarWinds and its top cybersecurity executive, Timothy Brown, with fraud and internal control failures for misleading investors about the company’s cybersecurity practices before a 2019 Russian cyberattack. The SEC stated late Monday that SolarWinds “allegedly misled investors by disclosing only generic and hypothetical risks” when SolarWinds …

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In the MOVEit mass-hack, CCleaner claims hackers stole user data

After a May data breach, CCleaner’s maker confirmed hackers stole a lot of paid customers’ personal data. Gen Digital, the multinational software company that owns CCleaner, Avast, Norton LifeLock, and Avira, informed customers that the hackers exploited a vulnerability in the MOVEit file transfer tool, which thousands of organizations, including …

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President Biden announces AI safety and security standards by executive order

President Biden issued an executive order (EO) to set “new standards” for AI safety and security, including requirements for foundation AI model developers to notify the federal government and share safety test results before deploying them to the public. An international discussion about boundaries to stop algorithms from becoming too …

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