The Securities and Exchange Commission on Thursday dropped its case against SolarWinds and its chief information security officer over its handling of an alleged Russian cyberespionage campaign…

The electronics manufacturer and software vendor serves major automotive suppliers and top tech firms.

The move last week came amid the pullback of other SEC regulations.

The incident follows a spree of ransomware and extortion attacks targeting multiple U.S.- and U.K.-based retailers, including grocery stores. The logistics company said its operations are impacted.

The agency is rebranding a tech-focused unit in a move that some critics worry may be part of a larger shift away from regulating the crypto space.

However, less than 10% of the disclosures addressed the material impacts of the security incidents.

Unisys, Avaya, Check Point and Mimecast will pay fines to settle charges that they downplayed in SEC filings the extent of the compromise.

Eric Council Jr. was charged with aggravated identity theft and access device fraud in connection with the January 2024 incident.

Latest incident involves stolen employee data, the company said in a federal filing.

The unknown hackers accessed CreditRiskMonitor employee data but not customer personal information, the company said.