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A former Equifax executive who sold stock for nearly $1 million a week and a half before the company announced a massive data breach has pleaded guilty to insider trading. Jun Ying, former chief information officer of Equifax’s U.S. Information Solutions, entered the plea Thursday in federal court in Atlanta. He was indicted in March […]
A Ukrainian hacker today admitted his role in an international scheme to hack into three business newswires, steal yet-to-be published press releases containing non-public financial information, and use the information to make trades that allegedly generated approximately $30 million in illegal profits, U.S. Attorney Paul J. Fishman announced. via Ukrainian Hacker Admits Role In Largest […]
Welcome to the latest SEC dragnet, a dragnet targeting an emerging and dangerous threat to securities markets – unlawful outsider trading.
Cybersecurity firm FireEye Inc. released a report today stating that it is currently tracking a group of hackers that has targeted the email accounts of individuals with access to the most confidential information of more than 100 companies. via ‘FIN4’ Hackers Target Over 100 Companies Seeking Market-Moving Information | Compliance Week