On Monday, the Securities and Exchange Commission (SEC) charged a former Amazon finance manager and two family members with inside trading after an investigation concluded the former employee intentionally misused tax details she had access too as part of her role at Amazon. The SEC confirmed that the charges related
According to the US Securities Exchange Commission, an increasing number of companies are identifying ransomware as a forward-looking risk factor in documents filed with the agency. The agency states that in the past year, more than 1,000 documents mentioning ransomware as a risk factor have been filed. Over 700 have
Booz Allen Hamilton, a consulting firm based in Virginia, has been awarded a new $113m contract with the United States Securities and Exchange Commission (SEC). Through the contract, Booz Allen will become the SEC’s leading provider of cybersecurity services and modernized cyber defense operations. Although the contract was formally awarded
“Public companies that are easy targets of cyber scams could be in violation of accounting rules that call for firms to safeguard assets, the Securities and Exchange Commission said Tuesday. The SEC said in an investigative report that nine public companies wired nearly $100 million to hackers who impersonated corporate
The Securities and Exchange Commission has announced its solicitation of a commercial monitoring tool (for under $27.5 million) to enable it to track posts that could have impacts on financial markets. Such a tool would flag posts for review by the relevant SEC staff. One recent example of social media’s
With wild price fluctuations and heavy utilization by organized crime, experts content that Bitcoin prices are being manipulated.