Attacks/Breaches
9/26/2017
12:35 PM
50%
50%

SEC Attackers Had Authentic Data Used in Business Tests: Reuters

Sources say the hackers behind last year's SEC breach accessed financial data used by companies testing its EDGAR filing system.

Attackers who breached the US Securities and Exchange Commission took advantage of businesses using legitimate financial data while testing the SEC's EDGAR system, Reuters reports, citing sources familiar with the matter.

EDGAR is a network that businesses use to file earnings reports and other material information. The purpose of the test process, which takes place before businesses file normal reports, is to verify formatting is correct and reports are free of submission errors, Reuters states.

Corporations are supposed to use "dummy data" during the testing phase, the source explains, but information is supposed to be protected as though it's authentic. However, some companies used legitimate data and it was not properly secured. The source reports not many businesses used real data that is believed to have been compromised.

This SEC hack, which took place in October 2016 and was discovered that month, appears to have been routed through an Eastern European server, according to an internal government memo. The FBI and US Secret Service have launched an investigation, which Reuters' sources discussed anonymously because it has not been made public.

Between October 2016 and April 2017, the SEC documented several cybersecurity incidents, according to one source familiar with the matter. While Reuters was not immediately able to confirm the nature of each event, several involved EDGAR, the source added. In a case unrelated to EDGAR, a server intended for SEC use was not updated to fix security flaws.

SEC Chairman Jay Clayton will confirm the investigation when he testifies before the Senate Banking Committee on Tuesday, the report states.

Read more details here.

Join Dark Reading LIVE for two days of practical cyber defense discussions. Learn from the industry’s most knowledgeable IT security experts. Check out the INsecurity agenda here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Hacked IV Pumps and Digital Smart Pens Can Lead to Data Breaches
Dawn Kawamoto, Associate Editor, Dark Reading,  12/4/2017
Tips for Writing Better Infosec Job Descriptions
Kelly Sheridan, Associate Editor, Dark Reading,  12/4/2017
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
Managing Cyber-Risk
An online breach could have a huge impact on your organization. Here are some strategies for measuring and managing that risk.
Flash Poll
The State of Ransomware
The State of Ransomware
Ransomware has become one of the most prevalent new cybersecurity threats faced by today's enterprises. This new report from Dark Reading includes feedback from IT and IT security professionals about their organization's ransomware experiences, defense plans, and malware challenges. Find out what they had to say!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2017-0290
Published: 2017-05-09
NScript in mpengine in Microsoft Malware Protection Engine with Engine Version before 1.1.13704.0, as used in Windows Defender and other products, allows remote attackers to execute arbitrary code or cause a denial of service (type confusion and application crash) via crafted JavaScript code within ...

CVE-2016-10369
Published: 2017-05-08
unixsocket.c in lxterminal through 0.3.0 insecurely uses /tmp for a socket file, allowing a local user to cause a denial of service (preventing terminal launch), or possibly have other impact (bypassing terminal access control).

CVE-2016-8202
Published: 2017-05-08
A privilege escalation vulnerability in Brocade Fibre Channel SAN products running Brocade Fabric OS (FOS) releases earlier than v7.4.1d and v8.0.1b could allow an authenticated attacker to elevate the privileges of user accounts accessing the system via command line interface. With affected version...

CVE-2016-8209
Published: 2017-05-08
Improper checks for unusual or exceptional conditions in Brocade NetIron 05.8.00 and later releases up to and including 06.1.00, when the Management Module is continuously scanned on port 22, may allow attackers to cause a denial of service (crash and reload) of the management module.

CVE-2017-0890
Published: 2017-05-08
Nextcloud Server before 11.0.3 is vulnerable to an inadequate escaping leading to a XSS vulnerability in the search module. To be exploitable a user has to write or paste malicious content into the search dialogue.