On October 30, 2023, the Securities and Exchange Commission (SEC) filed a civil complaint against SolarWinds Corporation and its chief information security officer, Timothy G. Brown, for violating federal securities laws by making false and misleading statements about its cybersecurity practices and known risks.

*** This is a Security Bloggers Network syndicated blog from Sonatype Blog authored by Jeff Wayman. Read the original post at: https://blog.sonatype.com/how-the-sec-charges-against-solarwinds-highlight-the-cybersecurity-liability-of-software-companies