Skip to comments.
Hack of U.S. securities regulator rattles investors, stirs doubts
| September 21, 2017
| by Sarah N. Lynch, Jonathan Spicer
Posted on 09/21/2017 10:48:31 AM PDT by Oldeconomybuyer
Wall Streets top regulator faced questions on Thursday about its defenses against cyber criminals after admitting hackers breached its electronic database of corporate announcements and may have used it for insider trading.
The incursion at the Securities and Exchange Commission struck at the heart of the U.S. financial system. The SECs EDGAR filing system is the central repository for market-moving information on corporate America with millions of filings ranging from quarterly earnings to statements on acquisitions.
Accessing documents before they are released publicly would offer hackers a lucrative opportunity to trade on that information.
The SEC has said it was investigating the source of the hack but it did not say when exactly it happened or what sort of non-public data was retrieved. The agency said the attackers had exploited a weakness in part of the EDGAR system and it had promptly fixed it.
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: cyberattack; cyberthreat; hack; nationalsecurity; sec; sechacked; stockmarket
Equifax was a government (they didn’t say which) perpetrated breach. I am going to guess this one is some government agency looking for some side income.
Thanks so much for your support to this point... I personally apprecaite it...
FReepers, it's far beyond time to wrap up this FReep-a-thon. Lets get the job done. Please chip in.
President Donald J. Trump and the Free Republic of the United States of America
President Donald J. Trump's address to the United Nations on 09/19/2017.
Ramirez political cartoon: Sanctuary State LARGE VERSION 09/21/2017: LINK LINK to regular sized versions of his political cartoons (archive).
Garrison political cartoon: Good Boy LARGE VERSION 09/21/2017: LINK LINK (scroll down) to regular sized versions of his political cartoons (archive).
Please join the monthlies, an automated and the best way to help support Free Republic. If you opt not to join the automated monthly support program, please consider joining the One One Done project. LINK
FReepers, 96.38% of the Third Quarter FReep-a-thon goal has been met. Click above and pencil in your donation now. Please folks, lets end this FReepathon. Thank you!
...this is a general all-purpose message, and should not be seen as targeting any individual I am responding to...
Just $542.00 dollars to 97.00%
posted on 09/21/2017 3:20:59 PM PDT
(DACA: Their dream, our nightmare... will the rule of law prevail or not?)
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson