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Former Equifax CIO Charged With Insider Trading in Data Breach

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Former Equifax CIO Charged With Insider Trading in Data Breach

March 14, 2018, 10:22 AM EDT Updated on March 14, 2018, 2:04 PM EDT

SEC, Justice Department say illicit sale followed cyberattack

Ying sold almost $1 million worth of stock, government says
The text from the Equifax Inc. executive sounded ominous: “We may be the one breached.”

Yet before the wider world learned of the credit bureau’s massive hack -- in which sensitive information for more than 140 million U.S. consumers had been compromised -- the executive, Jun Ying, was selling Equifax stock, federal authorities now say.

more:
http://www.bloomberg.com/news/articles/2018-03-14/sec-says-former-equifax-executive-engaged-in-insider-trading




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