Weekly Cyber Risk Roundup: SEC, Illicit Trading and CCleaner Industrial Espionage

The U.S. Securities and Exchange Commission (SEC) was the week’s top trending new cybercrime target following the announcement that a data breach compromised sensitive data that may have “provided the basis for illicit gain through trading.” SEC chairman Jay Clayton said the commission learned last month that an incident “previously detected” in 2016 may have… Read More

Short Selling Vulnerabilities Latest in String of Stock Market Manipulation

Medical device company St. Jude filed a lawsuit yesterday against Muddy Waters and MedSec Holdings over a “false” report about cybersecurity issues in St. Jude’s cardiac devices. The August report caused the company’s stock to drop more than ten percent on the heels of those allegations and raised questions around a pending $25 billion deal to be acquired by Abbott Laboratories.… Read More