Cybersecurity threats to SEC, markets are 'significant, ongoing,' Clayton warns

22 January 2019 9:28am
The US Securities and Exchange Commission’s corporate filings website remains vulnerable to the same kinds of cyberattacks as US banks, securities exchanges and companies, even with new safeguards after a 2016 hacking, Chairman Jay Clayton said.

“These threats to our marketplace are significant and ongoing and often involve threats from actors outside our borders,” he said in a statement this week. “No system can be entirely safe from a cyber intrusion.”

Clayton urged publicly traded companies and other market participants to “continue to improve their disclosure of cyber risks and cyber incidents as well as their individual and collective efforts to combat cyber risk.”