Lawmakers Criticize SEC Chairman Over Handling of Hack - News Summed Up

Lawmakers Criticize SEC Chairman Over Handling of Hack


WASHINGTON—U.S. senators, already facing distress calls from constituents over the Equifax Inc. hack, criticized the Securities and Exchange Commission’s new leader for how the agency handled a 2016 breach of its cornerstone system for storing market-moving information. “I was disturbed to learn that the SEC suffered a cyberbreach of its Edgar system in 2016, but did not notify the public, or even all of its commissioners, until it was discovered during your recent review,” Sen. Mike Crapo (R., Idaho), chairman of the...


Source: Wall Street Journal September 26, 2017 14:54 UTC



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