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Security Execs, Lobbyists Stand Strong for SolarWinds, Defending Against SEC

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Tl;dr:

– More than 20 former high-ranking US cyber and intelligence officials, including ex-US cyber chief Chris Krebs and ex-National Cyber Director Chris Inglis, have filed a brief urging a New York federal court to dismiss a lawsuit against SolarWinds.
– The lawsuit alleges that SolarWinds downplayed security threats to investors over the 2019 Russian cyberattack.
– The officials argue that the Securities and Exchange Commission’s enforcement action could discourage information sharing between future cyberattack victims and the federal government.

A group of more than 20 former high-ranking US cyber and intelligence officials, including ex-US cyber chief Chris Krebs and ex-National Cyber Director Chris Inglis, have filed a brief urging a New York federal court to dismiss a lawsuit against SolarWinds. The lawsuit alleges that SolarWinds downplayed security threats to investors over the 2019 Russian cyberattack that compromised government networks. The officials argue that the Securities and Exchange Commission’s enforcement action could discourage information sharing between future cyberattack victims and the federal government. The lawsuit was filed late Friday in the US District Court for the Southern District of New York.

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