SEC increasing its investigation of major cyber-hacks on tech and telecom companies says Bloomberg


The U.S. Securities and Exchange Commission is actively probing technology and telecom companies on how they responded to the SolarWinds cyber attack in 2020, according to Bloomberg.

The hack of SolarWinds, was one of deepest and most sophisticated cyber attacks in the United States, was identified in December 2020 allowing access to thousands of companies and government offices that used its products. Hackers used the company to penetrate U.S. government networks and international targets.

The SEC has asked for internal communications of affected companies about the cyber attack’s impact, probing for gaps in corporate security and for other cyber incidents, according to Bloomberg .

Jeffrey Newman is a whistleblower lawyer whose firm only represents whistleblowers in, among other things Securities Exchange Act, FINCEN and CFTC whistleblower cases, involving publicly traded companies or financial institutions or at 617-823-3217