May 23, 2024 at 07:22AM
Intercontinental Exchange (ICE) will pay a $10 million fine to settle SEC charges related to a 2021 hacker attack on its VPN, used for remote access to its network. Despite intrusion being limited to the VPN, ICE’s delay in informing NYSE and eight subsidiaries displeased SEC, resulting in the fine. ICE agreed to the fine without admitting or denying the findings.
Key Takeaways from the Meeting Notes:
– The US Securities and Exchange Commission (SEC) announced that Intercontinental Exchange (ICE) has agreed to pay a $10 million fine to settle charges related to a hacker attack in 2021.
– The hacker attack occurred through the exploitation of a zero-day vulnerability in one of ICE’s VPNs, which was used for remote access to the company’s corporate network.
– The intrusion was limited to the targeted VPN device, and the SEC was displeased with ICE’s delayed notification to legal and compliance officials at NYSE and eight other subsidiaries.
– ICE has agreed to pay the $10 million fine without admitting or denying the agency’s findings.
Let me know if you need any additional information or further details on the meeting notes.