The SEC has unveiled a five-point response “going forward” after a 2016 hacker attack on its EDGAR system. EDGAR, or the Electronic Data Gathering, Analysis, and Retrieval system, makes SEC filings by corporations, funds, and individuals accessible via online search, the commission says, and the 2016 cyber intrusion, during an “EDGAR test filing accessed by… Read More >>
SEC Reassures Investors About Its Cyber Protections
In a surprising display of transparency, the SEC Chairman Jay Clayton last week acknowledged that the regulator’s EDGAR database had been hacked. To recap, SEC officials learned last month that “an incident previously detected in 2016 may have provided the basis for illicit gain through trading,” according to officials. The popular EDGAR platform, whose acronym… Read More >>
SEC’s Clayton: EDGAR System Was Hacked in 2016
In a major policy statement about the threats that hackers pose, the SEC’s Chairman Jay Clayton acknowledged on Wednesday that there was “a 2016 intrusion of the Commission’s EDGAR test filing system,” that may have given perpetrators “the basis for illicit gain through trading.” SEC officials learned last month that “an incident previously detected in… Read More >>