SEC:  4 Companies Will Pay More Than $6.9M For Misleading Cybersecurity Disclosures

( October 30, 2024, 1:58 PM EDT) -- WASHINGTON, D.C. — The Securities and Exchange Commission announced that four current and former public companies will pay a total of $6,985,000 in civil penalties to settle charges that they violated Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934 by making materially misleading disclosures regarding cybersecurity risks and intrusions....