[News] SEC Says Cybercriminals Hacked Its Files

The Securities and Exchange Commission says cybercriminals got into the agency’s files last year and accessed information that might have been used to give them a secret edge in trading.

The SEC says it had known about the intrusion in 2016 into its Edgar filing system, but learned this month that “nonpublic information” accessed may have been used for “illicit gain.”

“Edgar houses millions of filings that companies are required to submit to the SEC so that they can be perused by investors,” as noted by Bloomberg.

The agency says the “software vulnerability … was patched promptly after discovery,” and didn’t reveal any personally identifiable information.

Read More Here: SEC Says Cybercriminals Hacked Its Files

Read More Network Security News, Reviews and Information