#ComplianceObligations

NYSE Operator Intercontinental Exchange Gets $10M SEC Fine Over 2021 Hack

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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. … Read more

FTC orders non-bank financial firms to report breaches in 30 days

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October 30, 2023 at 04:01PM The U.S. Federal Trade Commission (FTC) has amended the Safeguards Rules to require non-banking financial institutions, such as mortgage brokers and investment firms, to report data breaches within 30 days. The goal is to enhance data security and protect customer information. Companies must disclose incidents impacting 500 or more consumers, … Read more