SEC Reveals Its Database Hack May Have Resulted In Market Manipulation

Sep 22, 2017

   Wochit Tech
The US' Securities and Exchange Commission has revealed that a hack of its database in 2016 may have allowed its perpetrators to profit illegally by trading on the nonpublic information they stole. The SEC became aware of the hack itself almost immediately and remedied the software flaw, but only realized the misuse of its data last month.