Bloomberg Law
Sept. 21, 2017, 3:52 PM UTC

Hackers May Have Profited From SEC Corporate Filing System Attack

Bloomberg Media

By Benjamin Bain and Matt Robinson, Bloomberg News

The vulnerability of governments and businesses to cyberattacks was exposed again Wednesday when a top U.S. financial regulator said hackers had breached its electronic database of market-moving corporate announcements, and may have profited from the information they stole.

The hack of an aspect of the U.S. Securities and Exchange Commission’s Edgar filing system occurred last year, the regulator said in a statement . While the SEC has been aware of the breach since 2016, it wasn’t until last month that the agency concluded that the cybercriminals involved may have used their bounty ...

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