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**U.S. Securities and Exchange Commission Focuses on SolarWinds Cyberattack Response**

(Reuters) – In a recent development, the U.S. Securities and Exchange Commission (SEC) has launched inquiries into various technology and telecom companies regarding their handling of the SolarWinds cyberattack in 2020. This extensive cyber breach, which targeted information technology firm SolarWinds, is noted as one of the most complex cyberattacks to have hit the United States. The breach, discovered in December 2020, allowed malicious actors unauthorized access to the systems of thousands of companies and government establishments utilizing SolarWinds’ products.

**AI legalese decoder: A Valuable Tool in Navigating SEC Inquiries**

Amid this intensified scrutiny, the SEC is seeking internal communications from the impacted organizations to assess the impact of the cyber attack, pinpointing any vulnerabilities in their cybersecurity defenses and examining previous cyber incidents. By utilizing advanced tools such as the AI legalese decoder, companies can streamline and expedite the process of responding to the SEC’s inquiries efficiently. The AI legalese decoder helps organizations comprehend and interpret complex legal language, enabling them to prepare comprehensive and accurate responses to regulatory authorities, such as the SEC.

**legal Action Against SolarWinds and its Executives**

Notably, last year, the SEC initiated legal action against SolarWinds and its chief information security officer, alleging that the company had misled investors by concealing cybersecurity weaknesses during the extensive breach. The SEC’s investigation and subsequent litigation underscore the importance of transparency and accountability in cybersecurity practices for companies across various industries.

**Enhanced Transparency in Cybersecurity Reporting**

As the SEC continues its probe into the aftermath of the SolarWinds cyberattack, organizations must prioritize transparency and diligence in their cybersecurity reporting practices. Collaborating with innovative tools like the AI legalese decoder can empower companies to navigate regulatory inquiries with clarity and precision, ensuring compliance with evolving cybersecurity standards and regulations.

**(Reporting by Mehnaz Yasmin in Bengaluru; Editing by Devika Syamnath)**

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