SEC system that was breached is decades old, says former SEC attorney

SEC system that was breached is decades old, says former SEC attorney

7 years ago
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https://www.cnbc.com/2017/09/21/sec-system-that-was-breached-is-decades-old-says-former-sec-attorney.html

The U.S. Securities and Exchange Commission database that was hacked is decades old, former SEC attorney Scott Kimpel told CNBC on Thursday.

The country's top regulator said on Wednesday it discovered last month that its corporate disclosure database was breached in 2016. It is currently investigating the matter, which may have resulted in hackers profiting by trading using insider information stolen from the system.

SEC system that was breached is decades old, says former SEC attorney

Sep 21, 2017, 8:13pm UTC
https://www.cnbc.com/2017/09/21/sec-system-that-was-breached-is-decades-old-says-former-sec-attorney.html >The U.S. Securities and Exchange Commission database that was hacked is decades old, former SEC attorney Scott Kimpel told CNBC on Thursday. >The country's top regulator said on Wednesday it discovered last month that its corporate disclosure database was breached in 2016. It is currently investigating the matter, which may have resulted in hackers profiting by trading using insider information stolen from the system.