"A lawsuit brought by the US Securities & Exchange Commission (SEC) against SolarWinds has been dropped. The legal fire was also directed at the company's CISO, Timothy G. Brown. Brown's alleged personal responsibility will now not be determined in court. It therefore appears that CISOs have less to fear from the law than previously thought. CISOs are responsible for securing their company's IT infrastructure."
"The SEC, SolarWinds, and its CISO have now jointly asked the court to dismiss the civil enforcement action against the company and Brown. This is not too surprising: the case was brought in October 2023 but was largely dismissed by a New York court in July 2024. According to CRN, it seemed at the time that the parties would reach a settlement, but that now appears not to be the case."
"For CISOs, the legal waters are still turbulent. The fact that the SEC in the US opted for a personal indictment in addition to one targeting SolarWinds as a whole shows that they can be a target. SolarWinds had previously claimed that Brown was a victim, just like the company itself. A spokesperson for the company told The Register: "We hope this resolution eases the concerns many CISOs have voiced about this case and the potential chilling effect it threatened to impose on their work.""
The SEC, SolarWinds, and CISO Timothy G. Brown jointly asked a court to dismiss the civil enforcement action against the company and Brown. The case was originally filed in October 2023 and was largely dismissed by a New York court in July 2024. Brown had faced alleged personal responsibility for fraud and internal control failures tied to the SUNBURST supply-chain compromise. Russian actors inserted a backdoor into the Orion network monitoring system, impacting roughly 18,000 organizations. SolarWinds had described Brown as a victim alongside the company. The resolution aims to reduce legal uncertainty for CISOs amid growing supply-chain and AI-driven security challenges.
Read at Techzine Global
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