SEC says its corporate filing system was hacked
“Federal securities regulators said late Wednesday that hackers gained access to the government’s electronic system for corporate filings and may have made illicit gains by trading on the information. The Securities and Exchange Commission discovered the intrusion, which occurred last year, only in August. The agency said in a statement that a software vulnerability in […]
Hackers broke into SEC computer systems and may have traded on the stolen information
Hackers broke into the systems of the top US securities regulator last year, and may have used confidential information to trade in the stock market. The Securities and Exchange Commission said yesterday that criminals exploited a software vulnerability in its filing system. While the breach was detected in 2016 and the weakness patched, the SEC […]
How To Avoid Cyber Attacks: 5 Best Practices From SEC And FINRA
Regulators agree that cybersecurity threats pose significant risks to financial firms, investors and the markets. As a result, cybersecurity practices are a key focus for regulatory examinations this year for both the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC). At the recent 2017 FINRA Annual Conference, David Kelley, Surveillance […]