SEC Workers Fail to Encrypt Computers with Sensitive Information
November 9, 2012 9:12 AM
comment(s) - last by
Sources say workers involved are being disciplined
With the myriad
high-profile hacks and attacks on government and corporate computer systems around the world
, it's easy to believe that the U.S. federal government and its many arms would do all they can to keep its networks secure. However, that is not always the case.
reports that workers at the U.S. Securities and Exchange Commission failed to encrypt some of their computers that contained highly sensitive information from stock exchanges. The failure to encrypt the information left data vulnerable to cyber attacks according to people familiar with the situation.
The computers left unencrypted reportedly belonged to a small number of employees in an office within the SEC Trading and Markets Division. That particular division is tasked with ensuring that various stock exchanges follow guidelines to protect the markets for potential cyber threats and system problems.
That makes it incredibly ironic that the employees tasked with ensuring systems are protected from cyber threats would leave their own computers unprotected.
Some of the staffers are known to have taken the unprotected computers to a
Black Hat convention
where computer hackers gather. There is no clear indication of why the staffers would have taken unencrypted and unprotected computers into the hackers den.
The SEC insists that no data was breached from the insecure computer systems. However, the SEC was forced to spend around $200,000 to hire a third-party firm to conduct a thorough analysis to come to that conclusion.
This article is over a month old, voting and posting comments is disabled
11/11/2012 8:32:22 AM
So, they are placing computers containing confidential encrypted information ON THE INTERNETS ?
They can encrypt all they want, if they place a computer with mounted encrypted volumes online ...
What's then the bloody point in encrypting ?
"I mean, if you wanna break down someone's door, why don't you start with AT&T, for God sakes? They make your amazing phone unusable as a phone!" -- Jon Stewart on Apple and the iPhone
Amid Recent Cyberattacks, Senate Poised to Revive Cybersecurity Bill
November 1, 2012, 2:37 PM
Apple to Break Its Vow of Silence on Security Issues at Black Hat
July 25, 2012, 7:37 AM
Report: AT&T Eyeing $40B DirecTV Purchase
May 1, 2014, 8:00 AM
WebOS Class Action Settlement Costs HP $57 Million
April 1, 2014, 10:22 AM
IBM Workers Strike Over Terms of Deal That Will Have Them Working for Lenovo
March 6, 2014, 9:29 AM
Google Picking Up Artificial Intelligence Company "DeepMind" for $400 Million
January 27, 2014, 9:25 AM
Quick Note: Qualcomm Grabs up Palm, IPAQ, and Bitfone Patent Portfolio from HP
January 24, 2014, 9:18 AM
Verizon Buys Intel Media OnCue Cloud TV assets
January 21, 2014, 10:26 AM
Most Popular Articles
Quick Note: Nokia Devices Now Receiving Windows Phone 8.1 Update
July 15, 2014, 10:42 AM
Microsoft Kills Entertainment Unit, May Shelve Flagship Lumia "McLaren"
July 18, 2014, 7:40 PM
Boeing 777 Malaysian Airlines Flight 17 Crashes in Ukraine
July 17, 2014, 1:00 PM
Tesla Confirms “Model III” EV with 200+ Mile Range, Blames Ford for Missed "SEX"
July 15, 2014, 9:12 PM
FBI Report Suggests That Self-Driving Cars Could Be Used as Rolling Bombs
July 16, 2014, 11:02 AM
Latest Blog Posts
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information