Security News
The SEC isn’t giving SaaS a free pass. Applicable public companies, known as “registrants,” are now subject to cyber incident disclosure and cybersecurity readiness requirements for data stored in...
In a motion to dismiss [PDF] the SEC's lawsuit, the embattled developer described the fraud charges leveled against it, and its CISO Tim Brown, "As unfounded as they are unprecedented." In a statement to The Register, Serrin Turner, an attorney at Latham and Watkins, which is representing SolarWinds, railed against the SEC's charges.
The U.S. Securities and Exchange Commission confirmed today that its X account was hacked through a SIM-swapping attack on the cell phone number associated with the account. Today, the SEC has confirmed that a cell phone account associated with the X account suffered a SIM-swapping attack.
The SEC has instituted a set of guidelines "Requiring registrants to disclose material cybersecurity incidents they experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy, and governance." These new guidelines went into effect on December 18, 2023, which means 2024 will be an important year for enterprises and how they adhere to current security regulations. Establishing a reporting infrastructure that sheds light on what, how, and when security incidents are disclosed is important for the industry at large and is a huge step toward having cybersecurity seen as a business-wide issue.
Someone has hijacked the X account of the US Securities and Exchange Commission, and posted an announcement saying the agency has decided to allow the listing of Bitcoin ETFs on registered national security exchanges. SEC X account hijacked, "Unauthorized tweet" posted.
The X account for the U.S. Securities and Exchange Commission was hacked today to issue a fake announcement on the approval of Bitcoin ETFs on security exchanges. "Today the SEC grants approval to Bitcoin ETFs for listing on registered national security exchanges," read the fake X post.
Breaking The SEC today said its Twitter/X account was hijacked to wrongly claim it had approved hotly anticipated Bitcoin ETFs, causing cryptocurrency to spike and then slip in price. In a now-deleted tweet shared in the past hour, the American financial regulator appeared to say: "Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges. The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection."
Breaking The SEC today said its Twitter account was hijacked to wrongly claim it had approved hotly anticipated Bitcoin ETFs, causing cryptocurrency to spike and then slip in price. In a now-deleted tweet, shared in the past hour, the American financial regulator appeared to say: "Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges. The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection."
The U.S. Securities and Exchange Commission's new rules around disclosure of cybersecurity incidents go into effect on Dec. 15 for public companies with fiscal years starting on or after that date.Now, those organizations are asking what they need to alter or enhance about their disclosure procedures, incident response and existing cyber capabilities.
The most notable example is the US Securities and Exchange Commission's new rules on cybersecurity risk management, strategy, governance and incident disclosure. The new disclosure rules are designed to provide investors with a greater understanding of the risks a listed company faces from cyber threats and the level of controls in place to mitigate that risk.