The stolen information included non-public corporate earnings reports and other material information. The Edgar breach lasted from May 2016 through at least October 2016, according to the SEC. (Photo: Shutterstock)
(Bloomberg) –After the U.S. government shut down their scheme trading stocks on pilfered corporate press announcements, a team of eastern European hackers moved on to an even more ambitious target: the Securities and Exchange Commission.
That's the startling claim laid out in a Tuesday court filing.
The SEC said the same group that infiltrated PRNewswire Associates LLC and Business Wire computer servers years ago to obtain unreleased press statements was also behind the 2016 attack on the regulator's Edgar database of corporate filings.
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