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SEC dings Becton Dickinson $175m for misrepresenting product risks
The company failed to properly inform investors about regulatory challenges it was experiencing with the FDA.
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Elanco fined $15m for Reg S-K misrepresentations
Elanco’s use of sales incentives created misleading impressions of customer demand, the SEC stated.
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SEC charges four companies for underreporting Sunburst data breach damage
The four settlements come nearly one year after the SEC sued SolarWinds for misleading investors about its cybersecurity controls.
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AT&T suffers data breach affecting 109 million customers
The data breach affected nearly all the company’s wireless customers, with the hackers exfiltrating records of customer call and text interactions.
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SEC’s Gerding spells out the state of disclosure
Erik Gerding mentioned areas of focus last year and this year, underscoring the importance of disclosures in AI and cybersecurity.
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Ex-CISOs, trade groups back SolarWinds, saying SEC case threatens security
Former US cybersecurity officials and CISOs, plus business advocacy groups, warned that the SEC’s fraud suit against SolarWinds could chill intelligence sharing from businesses.
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First batch of SEC cyber rule disclosures boost CISO visibility
The SEC’s new cybersecurity disclosure rules put the burden on companies to give investors current information about material cyber risks. We assess progress so far.
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New SEC cyber disclosure rules take effect
Companies now need to disclose on risk management, strategy and governance procedures – and on material cyber incidents by December 18.