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SEC: Edgar Corporate Filing System Was Hacked in 2016... Possible Illegal Trading

Old_JoeOld_Joe
edited September 2017 in Off-Topic
The Wall Street Journal is reporting that hackers penetrated its electronic system for storing public-company filings and may have traded illegally on the information.

Since the WSJ is subscription-only, I don't want to quote any substantial amount of information, but I'm sure that other sources will have it soon.

Additional- From Bloomberg:

"The U.S. Securities and Exchange Commission said a hack of its electronic database of corporate announcements may have led to cybercriminals obtaining market-moving information that they profited from illegally.

While the SEC first detected the breach of an aspect of its Edgar filing system in 2016, it wasn’t until last month that it learned the incident “may have provided the basis for illicit gain through trading,” the regulator said in a statement Wednesday "



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