Skadden Discusses What SEC's SolarWinds Complaint Means For Boards, Information Security Officers

The CLS Blue Sky Blog

Anita B. Bandy William E. Ridgway David A. Simon Joshua Silverstein Shirley Diaz

Partners Anita Bandy, William Ridgway and David Simon, counsel Joshua Silverstein and associate Shirley Diaz discuss the SEC’s recent filing of a litigated complaint against SolarWinds, a software development company, and its chief information security officer (CISO). The authors explain how this action highlights the increasing importance of cybersecurity in the realm of federal securities law and the gravity of a CISO’s role in accurately representing a company’s cyber health.