SEC chair to stress cyber risk in Congressional budget testimony | Reuters

The head of the U.S. Securities and Exchange Commission (SEC) will warn of the need to boost its defenses against “advanced” and “persistent” cyber threats when he asks Congress on Tuesday for more funding, according to prepared remarks seen by Reuters on Monday.

In prepared remarks, he will tell lawmakers that the agency has taken various steps to reinforce the security of its electronic database, EDGAR, after a 2016 cyber intrusion.

via SEC chair to stress cyber risk in Congressional budget testimony | Reuters