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janice shell

06/09/25 7:30 PM

#231164 RE: davidsson10 #231161

This is an excellent tale of an investigation of a wild scam. We've heard of the scam, or ones like it, but this is just fascinating. There was more to it that the SEC realized:

The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling

When a notorious gang of Ukrainian cybercriminals hit a crucial database, the regulator quickly downplayed the breach. One of the hackers says the system is still a soft target.

By Liam Vaughan
June 6, 2025 at 10:00 AM UTC



https://archive.is/20250608062710/https://www.bloomberg.com/news/features/2025-06-06/how-hack-of-sec-s-edgar-system-exposed-flaws-in-us-financial-security