Crossroads Blog | CYBER SECURITY LAW AND POLICY

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SEC left computers vulnerable to cyber attacks: Reuters

Reuters’ Sarah N. Lynch reported on how “[s]taffers at the U.S. Securities and Exchange Commission failed to encrypt some of their computers containing highly sensitive information from stock exchanges.”  Humorously, the computers left unencrypted were from the office responsible for protecting the markets “from potential cyber threats and systems problems.”  Lynch listed off a few other vulnerabilities.

Of course, the SEC is the driving force behind regulations for companies to disclose cyber-breaches affecting their shareholders.  The Reuters article mentioned that the SEC’s IG will be releasing a report on security lapses, so it’s nice to know they’ll lead from the front on this.

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