Tags SEC

Former Equifax employee charged with insider trading over 2017 data breach

by Patrick Howell O'Neill • 4 months ago

It's the second time a former employee has been charged with selling off stock prior the public announcement of the company's massive data breach.

SEC fines Yahoo remnant Altaba $35 million for failing to disclose breach

by Zaid Shoorbajee • 6 months ago

The SEC said Yahoo didn't properly investigate or consider whether to inform investors of its 2014 breach, which didn't become public until two years later.

SEC commissioner: 'our companies, and our country, are under attack'

by Zaid Shoorbajee • 7 months ago

Corporations need to do more to protect investors from the financial damages of data beaches, an SEC commissioner says.

Former Equifax executive charged with insider trading after mega breach

by Zaid Shoorbajee • 7 months ago

Jun Ying allegedly concluded that Equifax had been breached and sold all of his stocks weeks before the company went public with the information.

New SEC guidance: Please don't sell your stocks if you have insider info about a breach

by Zaid Shoorbajee • 8 months ago

The unanimously approved guidance details the ways in which publicly traded companies ought to be transparent with investors and other stakeholders when it comes to cyber risk.

After litany of alleged lies, Israeli hacking firm Ability Inc. settles lawsuit for $3 million

by Patrick Howell O'Neill • 8 months ago

The settlement is a significant hit for a company with fast evaporating cash reserves and revenue — and little explanation as to why things have gone so badly.

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