Judge mostly drags SEC's lawsuit against SolarWinds into the recycling bin

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Judge mostly drags SEC's lawsuit against SolarWinds into the recycling bin
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A judge has mostly thrown out a lawsuit brought by America's financial watchdog that accused SolarWinds and its chief infosec officer of misleading investors about its computer security practices and the backdooring of its Orion product., US federal district Judge Paul Engelmayer dismissed all of the so-called"post-SUNBURST" claims the SEC levied against SolarWinds. That is to say, all the claims against SolarWinds for what followed the 2019-2020 SUNBURST attack.

The SEC contends SolarWinds hid the fact that its products and practices had porous cybersecurity. The SEC contends that the company's hype misled the investing public to believe that SolarWinds' central software product had minimal vulnerability to cyberattacks. A SEC spokesperson declined to comment on the judge's opinion. SolarWinds, however, applauded the decision.

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