Late Wednesday, the Securities and Exchange Commission said that it discovered last month that a 2016 hack of its computer filing system for publicly traded companies "may have provided the basis for illicit gain through trading." The "software vulnerability in the test filing component of the commission's EDGAR system" has been patched, and while the "intrusion" was discovered last year, the SEC said, it only learned about the possible use of pilfered information to trade stocks for illegal profit after SEC Chairman Jay Clayton ordered a cybersecurity review in May 2017. The SEC statement did not say why the agency didn't disclose the breach last year, when the system was hacked, or whether specific companies were targeted.

BING NEWS:
  • UnitedHealth Hack Put Data of One in Three Americans at Risk
    UnitedHealth Group Inc. Chief Executive Officer Andrew Witty told lawmakers his company is still trying to determine why its computer systems were left vulnerable to hackers who perpetrated a ...
    05/1/2024 - 10:25 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News