SEC says insider trading is not the right response to cyber risk

The United States Securities and Exchange Commission (SEC) has warned public companies that they not only need to do more to fulfil their obligations to transparency and openness with investors about cybersecurity breaches, but they also must disclose other infosecurity risks.

Read more in my article on the We Live Security blog.

SEC reveals hackers might have used stolen data for insider trading

The U.S. Securities and Exchange Commission (SEC) has revealed that attackers might have used data they stole in a security breach for illicit insider trading.

David Bisson reports.

An insider-trading hacker gang called FIN4 is being hunted by the SEC

The hunt is on for a hacking gang believed to have breached corporate email accounts in an attempt to steal sensitive information, such as details on company mergers, which they then used as a basis to trade on.

VeriSign admits it was hacked repeatedly in 2010, staff didn’t tell senior management

Internet giant VeriSign was admitted it was hacked repeatedly during 2010, but its IT staff only informed senior management in September 2011.