Reported 5 months ago
Intercontinental Exchange, Inc., the owner of the New York Stock Exchange, has agreed to pay a $10 million fine to settle allegations by the Securities and Exchange Commission for failing to promptly report a 2021 hack of its systems. The SEC found that ICE did not inform legal and compliance staff about the breach for several days, violating reporting rules. ICE stated that the intrusion had minimal impact, and the settlement did not admit or deny the SEC's findings. The SEC emphasized the importance of immediate reporting in cybersecurity incidents involving critical market intermediaries.
Source: YAHOO