US SEC dismisses case against SolarWinds, top security officer

Core Viewpoint - The U.S. Securities and Exchange Commission (SEC) has decided to drop its litigation against SolarWinds Corp and its chief security officer, which was related to a cyberattack linked to Russia [1] Group 1 - The SEC's litigation was closely monitored due to its implications for cybersecurity and corporate governance [1] - The case was associated with a significant cyber incident that affected multiple organizations, raising concerns about security practices in the industry [1] - The decision to drop the litigation may influence investor confidence in SolarWinds and similar companies in the cybersecurity sector [1]