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1 Article
Source: CBS News

SEC hack sparks fears about investment safety

Saturday 03:20 GMT

"The chairman obviously recognizes the irony of the SEC potentially serving as the unwitting tipper in an insider trading scheme," said John Reed Stark, president of a cyberconsulting firm and a former SEC staff member, in an interview with Reuters.

Unknown hackers breached the agency's Electronic Data Gathering, Analysis and Retrieval system, known as EDGAR, SEC Chairman Jay Clayton announced in a statement Wednesday.

1 Article
Source: Reuters

Hack at U.S. market regulator displays persistent government cyber woes

Saturday 03:20 GMT

A major computer hack at America’s top stock market regulator is the latest sign that data stored in the highest reaches of the U.S. government remains vulnerable to cyber attacks, despite efforts across multiple presidencies to limit high-profile breaches that are so frequent many consider them routine.

The Securities and Exchange Commission (SEC), America’s chief stock market regulator, said on Wednesday that cyber criminals may have used data stolen last year to make money in the stock market, making it the latest federal agency to grab headlines for losing control of its data.

1 Article
Source: Common Domain

SEC Hack Raises Tech and Legal Concerns

Saturday 03:20 GMT

The disclosure of a hack into the filing system of the U.S. Securities and Exchange Commission opens up a discussion among legal and technology experts on its vulnerability and underscores the necessity for tighter cybersecurity controls at both the regulatory and company level.

The SEC did not disclose specifics of when the hack occurred, or what information hackers accessed, leaving many questions unanswered.

6 Articles
Source: CTV

At least 21 U.S. states were targeted by election hacking

Saturday 23:40 GMT

The federal government on Friday told election officials in 21 states that hackers targeted their systems before last year's presidential election.

The notification came roughly a year after U.S. Department of Homeland Security officials first said states were targeted by hacking efforts possibly connected to Russia. The states that told The Associated Press they had been targeted included some key political battlegrounds, such as Florida, Ohio, Pennsylvania, Virginia and Wisconsin.

1 Article
Source: Washington Post

After the breach, Equifax now faces the lawsuits

Saturday 17:16 GMT

Since it announced a massive data breach earlier this month, Equifax has been hit with dozens of lawsuits from shareholders, consumers and now one filed by a small Wisconsin credit union that represents what could be the first by a financial institution attempting to preemptively recoup losses caused by alleged fraud the hack could cause.

Equifax has said its breach exposed sensitive information about 143 million consumers, including Social Security and driver’s license numbers.

1 Article
Source: Washington Post

DHS tells states about Russian hacking during 2016 election

Sunday 00:35 GMT

The Department of Homeland Security contacted election officials in 21 states Friday to notify them that they had been targeted by Russian government hackers during the 2016 election campaign.

Three months ago, DHS officials said that people connected to the Russian government tried to hack voter registration files or public election sites in 21 states, but Friday was the first time that government officials contacted individual state election officials to let them know their systems had been targeted.

1 Article
Source: The Guradian

'It's hugely problematic': SEC under fire from Congress over data hack

Friday 16:24 GMT

SEC chairman Jay Clayton gave members of Congress a “courtesy call” about the hack on Wednesday afternoon before it was announced publicly, said congressman Bill Huizenga, chairman of the US House subcommittee that oversees the SEC. “It’s hugely problematic and we’ve got to be serious about how we protect that information as a regulator,” Huizenga said.

Wall Street’s top regulator came under fire on Thursday about its cybersecurity and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading.

1 Article
Source: CBS News

SEC EDGAR hack took months to discover

Friday 13:39 GMT

SEC Chairman Jay Clayton said in a statement late Wednesday that undisclosed parties gained access to the Electronic Data Gathering, Analysis, and Retrieval system, known as EDGAR, in 2016.

Such attacks undermine confidence in financial markets and can create risks for investors and consumers, the SEC said.

1 Article
Source: CBS News

SEC EDGAR hack took months to discover

Friday 18:14 GMT

SEC Chairman Jay Clayton said in a statement late Wednesday that undisclosed parties gained access to the Electronic Data Gathering, Analysis, and Retrieval system, known as EDGAR, in 2016.

Such attacks undermine confidence in financial markets and can create risks for investors and consumers, the SEC said.

1 Article
Source: CBS News

SEC EDGAR hack took months to discover

Friday 09:57 GMT

SEC Chairman Jay Clayton said in a statement late Wednesday that undisclosed parties gained access to the Electronic Data Gathering, Analysis, and Retrieval system, known as EDGAR, in 2016.

Such attacks undermine confidence in financial markets and can create risks for investors and consumers, the SEC said.

1 Article
Source: The Guradian

'It's hugely problematic': SEC under fire from Congress over data hack

Friday 11:49 GMT

SEC chairman Jay Clayton gave members of Congress a “courtesy call” about the hack on Wednesday afternoon before it was announced publicly, said congressman Bill Huizenga, chairman of the US House subcommittee that oversees the SEC. “It’s hugely problematic and we’ve got to be serious about how we protect that information as a regulator,” Huizenga said.

Wall Street’s top regulator came under fire on Thursday about its cybersecurity and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading.

1 Article
Source: CBS News

SEC EDGAR hack took months to discover

Friday 12:42 GMT

SEC Chairman Jay Clayton said in a statement late Wednesday that undisclosed parties gained access to the Electronic Data Gathering, Analysis, and Retrieval system, known as EDGAR, in 2016.

Such attacks undermine confidence in financial markets and can create risks for investors and consumers, the SEC said.

1 Article
Source: The Guradian

'It's hugely problematic': SEC under fire from Congress over data hack

Friday 13:39 GMT

SEC chairman Jay Clayton gave members of Congress a “courtesy call” about the hack on Wednesday afternoon before it was announced publicly, said congressman Bill Huizenga, chairman of the US House subcommittee that oversees the SEC. “It’s hugely problematic and we’ve got to be serious about how we protect that information as a regulator,” Huizenga said.

Wall Street’s top regulator came under fire on Thursday about its cybersecurity and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading.

1 Article
Source: The Guradian

'It's hugely problematic': SEC under fire from Congress over data hack

Friday 09:57 GMT

SEC chairman Jay Clayton gave members of Congress a “courtesy call” about the hack on Wednesday afternoon before it was announced publicly, said congressman Bill Huizenga, chairman of the US House subcommittee that oversees the SEC. “It’s hugely problematic and we’ve got to be serious about how we protect that information as a regulator,” Huizenga said.

Wall Street’s top regulator came under fire on Thursday about its cybersecurity and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading.

1 Article
Source: CBS News

SEC EDGAR hack took months to discover

Friday 15:29 GMT

SEC Chairman Jay Clayton said in a statement late Wednesday that undisclosed parties gained access to the Electronic Data Gathering, Analysis, and Retrieval system, known as EDGAR, in 2016.

Such attacks undermine confidence in financial markets and can create risks for investors and consumers, the SEC said.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte