It issued 26 recommendations that it said would make SEC systems more secure. According to the SEC, the breach was discovered last year, but the possibility of illicit trading was uncovered only last month. Clayton said SEC has been conducting an assessment of its cybersecurity since he took over as chairman in May. Canadian responseIn the wake of the breach at the SEC, a Canadian umbrella group representing provincial securities regulators plans an additional cybersecurity review. The SEC hasn't said whether it is investigating the hack at Equifax, but the agency for years has leaned on publicly traded corporations to strengthen their own cybersecurity systems.

Source: CBC News September 21, 2017 18:49 UTC