SEC Fines Parent of NYSE $10M, Says It Failed to Immediately Disclose Cyber Incident | Corporate Counsel – Law.com
The SEC fined the parent company of the NYSE $10 million for not promptly disclosing a cyber incident. The company was accused of failing to promptly inform investors about a cyberattack that compromised confidential information. This case highlights the importance of transparency and timely disclosure of cybersecurity incidents to protect investors.
Source: www.law.com
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