Author/Source: Cyberscoop See the full link here
Takeaway
This article explains that the government’s Securities and Exchange Commission decided not to take action against SolarWinds. The decision was about whether the company properly shared information with investors after a huge computer hack in 2020.
Technical Subject Understandability
Beginner
Analogy/Comparison
It’s like a referee reviewing a specific play in a game and deciding not to call a penalty for that particular incident, even though there was a big problem on the field.
Why It Matters
This matters because it shows how carefully government groups look at whether companies tell their investors enough about big problems, especially serious computer hacks. For instance, SolarWinds spent over $60 million dealing with this investigation alone.
Related Terms
Cyberattack, Malicious code, SEC (Securities and Exchange Commission). Jargon Conversion: A cyberattack is when hackers get into computer systems to cause harm, like bad guys putting harmful instructions into software. Malicious code is the harmful instructions hackers use to get information from computer systems. The SEC is a government group that checks if companies tell investors enough about risks like computer attacks.


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