Why Isn’t the SEC Facing Sanctions for its Massive Cyber Security Breach?

From: Federal News Radio

Now hiring: Chief risk officer at SEC following massive data breach

By Jory Heckman

Nearly two years after the Securities and Exchange Committee suffered a major data breach, the financial regulatory agency plans to hire a chief risk officer to help shore up its cyber defenses.

SEC Commissioner Michael Piwowar, speaking at a Data Coalition event on regulation technology, said the idea for the new hire came from Chairman Jay Clayton, who has been leading the SEC’s response to the cyber breach since it was discovered last September.

Read Complete Article


Leave a Reply

Your email address will not be published.

Please Answer: *